sale of real estate decreased by THB 498.48 million or 33.19% This is because the slowdown of real estate business sector resulted from Loan to Value regulation or “LTV”. Moreover, the household debt has

88.71%. Major reason for sharp decrease in Company net income is due mainly to decrease in revenue from real estate business. In addition, the Company has heavily spent more in marketing and advertising

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last year, complying with the Automotive industry situation including automobile and motorcycle. The Company’s revenues mainly came from the increase in sales and services of these 2 business units as

0.20 Interim Management Discussion and Analysis Analysis of Overall Performance The distribution business of the plastic resins, plastic, and petrochemical related products needs relatively high working

and 346.20 million respectively. Revenue from sale of real estate declined by THB 112.69 million or 32.55%. This is because the slowdown of real estate business sector resulted from Loan to Value

THB 10.66 million or 56.16%. Major reason for sharp decrease in Company net income is due mainly to the epidemic of Covid 19 which have a negative impact in revenue from real estate business. Therefore

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