in tourism and export. The partial lockdown mandated in the last week of March resulted in a more pronounced slowdown in economic and business activities. Telecommunication sector was affected from
16). Net Profit (Loss) and Net Profit (Loss) Margin In the 1st quarter of 2021, the net profit was THB 28.5 Mn, an increase of THB 72.7 Mn. The main reasons were effective cost and expenses management
result of the decline in desert café sales in Q1/2020 corresponding COVID-19 situation while fixed selling and administrative expenses in Q1/2020 remained constant (The result of cost-saving initiatives
. Industry Overview Overall economic activities in the first quarter of 2020 contracted from the prior last year. The Coronavirus disease 2019 (COVID-19) pandemic is continuing to evolve, resulting in an
economic situations at that time. During the current year, the Company accounted for lower of cost of inventories to net realizable value in an amount of 1.1 million Baht (2015: 1.8 million Baht) by stating
maintained effective operating cost control with cost to income ratio at 38% of total revenues. 5 Considering the Company’s separate financial statement, the operating and administrative expenses as a
following factors. • Higher cost of land lease and amortization at CentralPlaza Rama 2 as a result of the extension agreement on June 28, 2018, which is effective until 2055 and 2060 (some parts). Hence, a
of intangible asset from the acquisition of GLOW 2. From the second quarter of 2019, the company has changed the classification of operating income and cost of sales resultin g in the operating income