slowdown due to the current outbreak of the Coronavirus Disease 2019 (“COVID-19”) affects businesses in all sectors, such as causing the recession, investment delay, various construction projects have
drastic slowdown in Thai economy, while the tourism sector has been impacted by lockdown policy in many countries, together with a decline in household income following unemployment problem in private
global automotive industries slowdown which further negatively impacted by the spread of Covid-19 starting in March 2020. 2 Eastern Polypack’s revenue from sale was increase in comparison to previous year
affected to the slowdown of Thailand economic activities at almost of every sector both for consume and investment of the private sector as well as the high shrinkage of the production from industrial sector
economic slowdown resulting in declining export and plunging tourists’ spending especially Chinese tourists. The instability in Thailand politic and election in March 2019 slowed public investment. High
addition, the economic slowdown in 2019 created a price war competition in this industry. For this quarter, the outbreak of COVID-19 since middle of March 2020 caused a direct impact toward customers
do not currently have a reduction plan according to COVID-19 but the economic slowdown may cause industrial customers to be affected in the future. The company has to closely monitor the situation in
usage during the same period of the previous year. Electricity usage of industrial sector and business sector dropped 7% and 11.4%, respectively, due to global economic slowdown as a result of COVID-19
effect in 2017 that represented a reduction of about 2% on average and a fire incident on June 18 that caused a backlog of order valued more than USD 2 million by the quarter end. However, consignment
that took effect in 2017 that represented a reduction of about 2% on average. However, consignment sales were almost fully realized in the current period. The Q-o-Q decrease in revenue was primarily due