, private investment slowed down as confidence in the election and the direction of investment from the government through large projects. In the first quarter of 2018, the Company installed and delivered the
oil and labor costs In the first quarter of 2019 The Company is able to deliver work that has been postponed from the previous year to more customers and recognizes revenue according to the success of
, which announced in the Royal Gazette on April 5th, 2019. This Labor Protection Act stipulates that the severance pay not less than the wage for the work performed in the last 400 days will be eligible to
amount in FY2018. 2. The cost of sales and services increased by 76.98 million baht or 1.61% YoY, mainly due to the conversion cost increased by 6 9 .1 6 million baht from the new Labor Protection Act; the
is in line with the sales. However, the conversion cost increased by 52.15 million baht mainly due to the new Labor Protection Act; which the compensation rate for employees who have more than 20 years
, the conversion cost increased by 69.16 million baht, mainly due to the new Labor Protection Act; the compensation rate for employees who have more than 20 years of work from the original 300 days has
compensation not less than the last 400 days' wage rate under the Labor Protection Act (No. 7) BE 2562. The total expenses of the Group increased by 11.4%(y-o-y) , which is higher than the total revenue
Q2/2018 gross profit margin was mainly caused by the increase in wages and overtime pay in this period following the minimum wage increment according to the labor law and more overtime work to produce
represents increasing of loss 69 million Baht from Q2/2018’s profit of 7 million Baht. One reason for net loss is because of the work overload and shortage of skilled workers which started in Q1/2019 but with
from the private sector and the government slowed down. There is intense competition. The cost of goods increases from the labor cost that the company must bear. In the second quarter of 2019, the