%, as a result of, the Company only sell to some industrial customers but in some quarters did not receive award from bidding, so the sales volume decreased. The Company entered into short- term contract
and flat QoQ. For 9M20, core service revenue declined - 4. 4% YoY, EBITDA contracted - 3%YoY and net profit declined -13%YoY. FY20 guidance is revisited, core service revenue is expected to contract low
36.3% YoY to THB 1,992mn, predominantly due to the increase in revenue from hotel operations as a result of the hotel portfolio expansion, together with revenue from the termination of hotel management
beginning of this year, the Company had gain on exchange rate while the Thai Baht value appreciated against US Dollar and the Company had loss on exchange rate in last year As a result of above reason, the
contract ends. The Group’s management assessed the agreement in accordance with TFRIC 12 ‘Service Concession Arrangements’. As a result, the Group’s management recognized revenue from construction under a
, and the consideration paid, the consideration paid is lower than fair value of net assets transferred. As a result, the Group has gain from business acquisition amounting to Baht 2.2 million, presented
from the economic slowdown as a result from the COVID-19 pandemic, which started in early 2020. Advertising business revenue increased by 3.1% YoY, a contribution of 44.0% of total revenue or THB 270mn
of land held for development on April 27, 2016 with land title deeds, No. 4064 and No. 4065, located in Tambol Klong Nueng, Amphur Klong Luang, Prathumtani Province. This plot of land had contract