167mn Impacts of Coronavirus Disease 2019 (COVID–19) COVID-19 is profoundly impacting the global economy, especially the hospitality sector which is the main business of the Company. Almost all of our
is profoundly impacting the global economy, especially the hospitality sector which is the main business of the Company. Almost all our hotels were temporarily closed since the second half of March
business, and also increasing the Company’s capability and competitive advantages which influencing the Company’s operation to be profit in the future. Financial Performance for the period ended June 30
economic slowdown and adversely impacting most businesses and industries in terms of supply chains, consumer spending, operational delays, and more. The Group’s business activities in terms of sales of goods
with this political risk potentially denting consumer and business sentiment as well as investment activity. Aside from these risks the industrial trends impacting the lime business are positive. Fixed
properties in 2018 and 2019. According to accounting standard, the company obliges to measure investment property at fair value representing current rental income and remeasure once any events impacting
impacting as we saw a 1.7mTHB increase in finance cost. Income tax was slightly higher as the portion of BOI was lower compared to the same period in 2017. Net income was lower due to the higher financing
the worst impacts, the partial lockdown in April and May, and the lack of tourism as a driver of the economy, while not directly impacting our business, had a measurable effect on some of our customers
in the export and tourism sectors 3) Low level of inflation - impacting manufacturers ability to determine pricing and 4) Strengthening of the Thai Baht - 6.7% against the US Dollar since the beginning