20.4 million baht and real estate business revenue decreased 7.1 million baht due to the COVID-19 situation, the slow economy temporarily 2 shuts many factories down. As a result, the amount of waste in
1 | MANAGEMENT DISCUSSION AND ANALYSIS 2019 Management Discussion and Analysis 2019 2 March 2020 KEY EVENT IN 2019 In 2019, UWC announced a corporate restructuring, which featured in changing in many
changing in many key management positions and business strategies in order to enhance efficiency and growth. Under new structure, UWC shifted the focus from less competent business such as renewable energy
year, to reflect the slowdown in sales due to the COVID-19 pandemic which resulted in the closures of many points of sales between March and May. Some of the expenses, however, were less elastic to sales
, etc. In Q2-2023, there was an increase in cost of sales and services by 41.3%, which was higher than the change in revenue compared to the Q1-2023, which equaled to 35.4% due to many delivered projects
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this transaction date. The acquisition of IGE shares is classified as Class 1 transaction equal to or higher than 50% but lower than 100% according to the Notification of the Capital Market Supervisory
over CAZ. The transaction is considered the disposition of assets in accordance with the Notification of the Capital Market Supervisory Board No. Tor Chor 20/2551 re: Rules on Entering into Materials