( COVID-19) situation has improved domestically, following a significant reduction in the number of local infections. However, the continued high rate of overseas infections, combined with Government fears
performance and franchise model concept, it affects with significant drop of the business valuation of the subsidiary company due to the recoverable amount is lower than the carrying amount. In 2019, the
significant transactions that are considered as acquisition or disposal of assets dated 31 August 2008 (including additional amendments) and the Notification of the Stock Exchange of Thailand regarding
transaction According to the Notification of the Capital Market Supervisory Board No. Thor Jor. 20/2008 regarding the rules regarding significant transactions that are considered as acquisition or disposal of
kitchen and home appliances. Meanwhile, the Company has taken immediate and significant measures to control our costs and protect our financial position, which has subsequently minimized the impact of COVID
primarily in the steel and construction segments. Combined with the ultra-weak sugar season that ended early in April, the burnt sales volumes were under significant pressure resulting an 8% lower sales
from 64.5% to 92.0% in 2Q 2020/21. The significant increase in cost-to-sales ratio was from primarily from a decrease in revenue base. As a result, gross profit decreased by 84.6% YoY to THB 41mn, while
electricity as well. TRADING 67% ENERGY 12% CHEMICAL 21% Manufacturing – Chemical: Over the past nine months, the Chemical business has benefited from a significant drop in raw material prices. As a result, the
profit YoY was mainly because there was a (one-time) recognition of an upfront 50-year lease payment of a certain office space at Singha Complex in Q4’2017. Significant Events 1. Transfer of the ESSE Asoke
, equaled to 3.03% of the total revenues from the operations. The significant changes of each type of the revenues can be explained as follows: 1. REVENUES FROM SALES In the third quarter of 2019, the