2020 has adversely direct impacted the Group’s operations due to mandatory closure decree in late March, resulting in the first quarter revenue of THB 227.64 million, reducing by THB 48.79 million or 18
policy focus on cost management and internal resource management to maximize efficiency, including managing cash flow to be sufficient for business operations. The financial results of the company and its
cooling industry systems from cost-effective management. Other Income Other income is income from other business operations of the Company such as interest income and bad debt, etc. In the second quarter of
operations particularly in international markets were severely impacted during the quarter as a result of the coronavirus pandemic. Posted net loss of THB 104mn, a decrease of 134.2% YoY. KEY BUSINESS AND
for the right to attend the meeting scheduled on 13 March 2020. Such postponement will not cause any significant impact on the Company’s business operations or the shareholders’ rights to received
the meeting has no significant impact on the Company’s operations. 2. According to the postponement of the 2020 Annual General Meeting of Shareholders due to the current pandemic of Coronavirus Disease
) SHARE OF LOSS OF INVESTMENT IN JOINT VENTURES ON EQUITY METHOD (0.00) (0.57) PROFIT BEFORE TAX 62.83 4.52 INCOME TAX INCOME 0.48 0.56 PROFIT FOR THE PERIODS FROM CONTINUTING OPERATIONS 63.31 5.08 PROFIT
accordance with the sales proportion of the company in the year 2020 increased. While the gross profit margin is almost the same. Page 2 of 2 Other Income Other incomes include revenue from other operations of
May 14, 2020 Reference no. RWI /BKK/018/2563 Subject : Management’s Discussion and Analysis of Business Operations of the First Quarter of 2020 To The Director and Manager of the Stock Exchange of
Reporting Standards No. 16 “Leases” (“TFRS 16”) . Net Profit In 1Q 2020, the Company and subsidiaries had net loss from operations and pursuant to the Consolidated Financial Statement in the amount of THB