Earth Tech Environment Public Company Limited Page 1 17th August 2020 Subject Management Discussion and Analysis Financial Performance for the quarter ended 30th June 2020 To President The Stock
promoting a conducive environment for transparent, efficient and fair markets. To achieve its objectives, the SEC oversees the quality of business operators, including their products and services, promotes a
Managing Director said: “We have improved our safety record in Q2 of 2019 after three lost time injuries in Q1 which results from a relentless focus from every employee. We will maintain this focus for the
employee benefit amounted to 35.51 million baht, decreased by 6.36 million baht or 15.19% due to the termination of some employees and changes in employee database. Shareholders’ Equity The Company had
Contents Page Executive Summary A 1. Overview of Operating Environment 1 1.1 Global and Thai Economy in the First Quarter of 2018 1 1.2 Banking Industry and Competition 2 1.3 Regulatory Changes 2 2. Risk
the business environment by closed 8 departments which have accumulate loss in year 2019. Moreover the Company has promotional activity, made an advertisement in each area for increased sale
direction primarily by considering the balance of three dimensions – economy, society and environment – under good corporate governance, appropriate risk management and effective cost management. At the same
slightly better performance in Hotel Business. A decrease in cost of sales and services, and an increase in SG&A and employee benefit expenses linked with the closure plan of Dusit Thani Bangkok Hotel, was
the company’s readjusting of employee accrued benefits and base salary to serve the company’s strategy towards fully digitalized format as well as to encourage all employee preparing for Digital
increasing the rate of benefit of an employee who has past service 20 years or more from 300 days to 400 days amounting to THB 20 million and pay-off for termination of employee of THB 9 million. GJS บริษัท จ