decline in sales revenue was largely due to the impact of Covid-19 pandemic resulting in an economic slowdown and closure of INGRS operations in Indonesia, India, Thailand and Malaysia. The local Movement
, and Africa zone dropped by Baht 83 million or 34%, Baht 46 million or 56% and Baht 11 million or 24%, respectively as many manufacturer countries have been facing the outbreak of Coronavirus (COVID- 19
expenses related to lower flight operations. Unearned revenue decreased by 1,478.8 million baht from 31 December 2019 as a consequence of lower advanced bookings resulted from covid-19 pandemic. Current
which can meet efficiency the customer needs that made the Company got purchase order from large project in Quarter 1’ 2019 while in Quarter 1’ 2020 Thailand has scourged by Coronavirus disease (COVID-19
outbreak, especially on export, tourism and industrial sector. However, economic recovery has been high uncertain from new wave of the COVID-19 pandemic since December 2020. As a result, the domestic tourism
28% 0.36 0.26 0.10 38% Note: The new financial reporting standards were reflected in company’s result of 2020 2 / 5 • Due to COVID 19, revenue increased 3% from rice business and dividend received for
Statements 5.1. BAM’s Business Opportunity 5.2. COVID-19 Impact IMPORTANT DISCLAIMER The information contained in this document has been obtained from several sources, and Bangkok Commercial Asset Management
, COVID-19 crisis halted frozen shrimp frozen and freshwater fish exporting from the middle of March 2020 onward, which caused a decrease in sales by compared to the previous quarter. Dried fruit business
Business The COVID -19 virus pandemic situation has had a wide impact on all types of businesses and industries. In the first quarter of 2020, the negative impact on revenue to the Company and its