% compared to the same period of last year. That show the Company managed to properly slash sales expenses from the previous year to be in response to decline in sales revenue and the impact from the

7.90 584.22% The WICE Group was one of the operators who received a positive impact from the Covid-19 situation and the Work From Home trend, contributing to a significant increase in electronics exports

194.40 million of net loss and THB 6.64 million of impact from adopting new Thai Financial Reporting Standards (TFRS), TFRS No.9: Financial Instruments and TFRS No.16: Leases, in the current period

was a decrease in the volume of orders from customers of all industries, especially the oil refinery and petrochemical groups, as a result of the oil price war in March, together with the impact of the

acquire Suntower since 2015. Consequently, both SPRIME dividend income record and saving on financing cost will start to impact on S’s consolidated financial statement since Q1’2019. Page 2 of 7 Management

. Crossroads project, the first Maldives integrated leisure and resort destination, has been under development and had no impact on 1Q19 performance. Page 4 of 7 Management Discussion and Analysis 1Q2019 1Q19

due to decreased of the revenues from Ibis Style Hotel Chiangmai by THB 4.89 million causing from low season together with economic slowdown impact and closing partial hotel area for renovation. For

decrease in expected credit loss was mainly from additional provision in the previous quarter in accordance with the new Financial Reporting Standards (TFRS 9) coupled with provision for future impact of

addition, all expenses related to leases previously classified as operating leases are presented under ‘Depreciation, and ‘Interest expense’. The adoption of the new standard had an accumulated impact on Jan

credit card by 2%, which effective in 1st August 2020 and decreasing of credit card spending due to the impact of the COVID-19 pandemic. However, credit card revenue was 30% of total revenues. For overseas