beginning of April 2020, all 9 local and overseas owned hotels as well most of hotel management temporarily suspend its operations in response to COVID-19 following with country-specific governmental

having highest market share in residential industry, also gained the most popularity in condominium brand in Japan. Thus the opportunity to enter a joint venture to develop condominiums together will

19.55 million and THB 35.29 million. The income reduced by THB 15.74 million or 44.60% because most of the sea freight carrier serviced to the company. 5. Revenues from other income Revenues from other

the most projects were still under contract. Comparing to cost of sales & service for Q1–2018 and Q4–2017, it found that the reduction rate was close to the rate of a decrease in revenue. However

administrative expenses 302.8 million Baht, increased by 91.8 million Baht or 43.5%. Most of administrative expenses increase is the employee remuneration, depreciation and advisory fee. The Company’s

sector on export competitiveness. However, the tourism sector continued to expand mainly thanks to an increase in the number of tourists of most nationalities; especially tourists from China, India, and

THB 8.3 MB, most of which decreased from staff expenses. And the additional financial cost of THB 4.3 MB, mainly from the interest of trust receipts from the purchase of raw materials. The Company

reserves and financial investments were THB 8.7 billion at 31st December 2019 similar to THB 8.7 billion at 31st December 2018 . reviewQ419.xlsx MD&A 2019 24/02/2020 Asset Quality Accounts Receivable Most of

EXPO”, the largest gaming gear and gaming event in Thailand and “Idol EXPO” the most event that gathered famous Thai idol. The Company was overwhelmingly supported by all brand partners who attended the

than the last year. Administrative Expenses In the year 2019, the Company had administrative expenses equal to 394.1 million Baht, an increase of 91.3 million Baht or 30.2 percent. Most of the increased