Health Organization declared the Coronavirus (“COVID-19”) outbreak as a pandemic which resulted in travel restriction, lockdown and other precautionary measures imposed in various countries including
with the situation. And able to handle various situations the company expected that the overall situation in the second half of this year will be better than the first half. The company has 12 projects
spreading and the company has proceed a plan to reduce costs and various operating expenses to be eased to impact on revenue and profitability by reducing sales and administrative expenses, such as utilities
estimation of cost causing loss in such project due to various factors i.e. change of materials suppliers causing higher cost, extension of contract causing higher fixed cost as well as its underestimate cost
continuously improve the operation pattern to keep up with the situation and able to handle various situations The Group expected that the overall situation in the second half of this year will be better than
machines with Boonterm top-up service and back office management to the newly launched fresh roasted coffee machine, developed by FORTH, which can brew various beverage menu to cover broad customer segments
2019 in amount of 87.42 million baht, as subsidiary, Grace Water Med Company Limited (“GWM”), operating business of producing and selling dialysis solutions and various medical supplies, which increased
, wedding receptions, restaurants or any events • Pop-up store sales in various locations Catering / Pop-up 3 4 1 Franchise Fee Income 4 • Revenue recognition of initial franchise fee • *Actual franchise fee
less than the decreased in revenue due to cost savings in various parts. In addition, sales and marketing activities have also decreased during the COVID-19 epidemic. Administrative expenses
revolving credit facilities 7,870 million baht and 3,000 million baht unused committed facilities with various financial institutions which is enough to drive the Company’s operation. The Company also has the