employing knowledge and ability as a professional under different situation, being independent in making investment decision and having diversified investment in order to reduce investment risk, etc. (2) The
employing knowledge and ability as a professional under different situation, being independent in making investment decision and having diversified investment in order to reduce investment risk, etc. (2) The
approximately 1.28 million baht and interest income from the disposal of investment in subsidiaries in amount of 2.01 million baht, although this year there is corona 2019 epidemic situation, which affects all
impact of the Covid-19 situation. Summary of Financial Statement Position Assets As of the period ending 31 March 2020, the Company has total assets equal to 23,074.5 million baht higher than the ending of
global raw materials and the increasing in competition among entrepreneurs under the situation of excess supply from products and raw materials coming in from various countries. Therefore those factors
weaker to previously average level. Amongst uncertain situation in many countries, Thailand’s post-election government was formed in June. That was a positive factor to promote the country’s stability in
and the increasing in competition among entrepreneurs under the situation of excess supply from products and raw materials coming in from various countries. Therefore those factors have been affecting
situation of Corona Virus (COVID-19) according to the Emergency Decree and its related announcement resulted that the Chinese tourists who are main customers of this business segment unable to access the
equity ratio was 1.38 times while the interest bearing debt to equity ratio was 0.86 times. Forward Looking For the 2nd quarter of 2020, it is well known that due to the impact of the Covid-19 situation
be a proper way for IFEC to deal with the current situation so that shareholders who are the real owners of the company will have an opportunity to select candidates they deem suitable to become new