contracted. In 1Q2020, hospitality business of Singha Estate Public Company Limited (“the Company”) was also significantly impacted by COVID-19. Essentially, government announced the lockdown measure to
epidemic situation of Coronavirus 2019 (‘COVID-19’) and the countermeasures taken by the government such as travel restrictions and the closure of venues considered high-risk areas including department
sales volume mainly due to lower demand according to the drought mitigation plan by the government despite new contribution from Demineralized Water. While the revenue from Solar rooftop project increased
affected by the COVID–19 outbreak. However, the Company’s revenues generate from large projects that have continued its operation since 2019. Moreover, most of the customers are government agencies and state
GOVERNMENT SAVINGS BANK SAM SEN NAI, PHAYA THAI, BANGKOK 10400, THAILAND Tel.+66 2299 8000 26 GENERALI LIFE ASSURANCE(THAILAND) PUBLIC PUBLIC CO.,LTD. LUMPHINI, PATHUM WAN, BANGKOK 10330, THAILAND Tel.+66 2612
structures for overseas business expansion in the future. The incident adversely affected international sales especially revenue from China that did not meet the expectations. Nevertheless, during September
commercially launched in September 2019, an increase in financial cost pressured by incremental debt financing to support business expansion which THB 5,357.8m loan facility to the acquisition of Outriggers was
profit for th ncrease from rease espec d administra million bah of 2017 the by 229.9 mil rative expen wances for d t expansion. 30-Jun-17 MB 262.6 315.8 1,740.4 1 209.1 459.1 2,223.4 1 467.1 270.3
%. An increasing was mainly from administrative expenses which results from bad debt allowance in lending business and personal expense increase from business expansion. Operating profit in 2017 was 1,109
2018 primarily due to the US-China trade war and global uncertainty contributed negative impact on export growth. The growth of credit card business in Thailand continue expansion due to overall economic