delivery business - Continued to manage asset rationalization to increase cash liquidity in order to support current and long-term situation - Conducted prudent risk management • Raised customer and employee
display, cost of sample products, expense on advertisement media such as TV media, online media, etc. At the same time, salary, bonus, welfare and commission fee for sales staff increased by about Baht 4.74
, salary, bonus, welfare and commission fee for sales staff increased by about Baht 4.74 million. Administrative Expenses Administrative expenses accounted for Baht 49.98 million in 2019, a year-on-year
staffing policy that requires new employees to have a bachelor degree. As a result, the cost of staff increased. Administrative expenses 12.0 10.3 (13.5%) Because in 2016, the Company recorded allowance for
Company has raised fund from SET whereas , during 2017, the Company has spent this fund on debt repayment as well as renovation and expansion projects. However, the Company’s trade receivable Financial
2017, resulted from increased in employee expenses & compensations, director remuneration expense, audit fee, training, and utilities. 5. Financial cost The Groups’ has long-term loan from a commercial
Thaicredit Retail Bank Public Company Limited On 1 March, 2017 Thaicredit Retail Bank Public Company Limited (“TCR”) offer for sale newly issued securities in the category of warrant (Employee Stock
million, increase Baht 1.33 million or increase 8.4% , because the company added the employee at the management level to align with appropriate organizational restructuring in order to improve management
in line with lower sales. Administrative expense decreased mainly as a consequence of cost control measures in place, reducing headcount, working hours and OT, and other employee expenses together with