YPB 0.00% 0.2¢ ypb group ltd

Ann: Quarterly Activities Report & Appendix 4C, page-15

  1. 27 Posts.
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    Jokes aside though. Does anyone know how many employees YPB has? Looking at this 4C their staff costs are just under 2 Million a year and John states that their tech team is in Bangkok. The median programmer salary in Bangkok is 20K per year, so if you go on the 90th percentile at 40K per year that is 37 programmers at 1.5 Million PA leaving nearly 500K for Exec salaries; maybe couple of sales people. I highly doubt they have paid top end for all staff so it's most likely 20K-30K at 37 staff is 925K leaving about a 1 million. And anyway I doubt there is that many programmers. I am sure John mentioned a few months back that he wasn't taking a pay check, so where is all this money going?
 
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