areas including managing and controlling fixed and variable costs, monitoring company’s liquidity, managing any policy relating to employees and revising the short-term plan to ensure the least impact to
1Q2020, overall palm oil production in both domestic and international market declined due to the significant impact of drought on agriculture. According to Department of Internal Trade, local crude palm
which was mainly due to continual impact of COVID-19 pandemic. Despite the easing of COVID-19 lockdown measures of Thai government and the stores reopened in May, the domestic consumer spending was still
2,478 2,571 (93) (4%) Profit (Loss) from foreign exchange 224 2,004 - - 224 2,004 (1,780) (89%) Net profit (Loss) before the impact of lease income 2,704 4,530 (2) 45 2,702 4,575 (1,873) (41%) Impact of
) transactions 2Total of each segment may not always tally with consolidated financials due to holding segment 3Excludes price adjustment for captive sales on freight saving. This does not have any impact on
contraction of agricultural services’ GDP to 1.3%. As for the impact from COVID-19, the Company’s revenue from sales of good also effected since targeted customers, mostly end-users have less income to spend on
Company’s statements of financial position as of March 31st, 2020 compared to that of December 31st, 2019. The impact of the new financial reporting standards The adoption of Thai Financial Reporting
). Changes in foreign currency exchange rates had a minor impact on the revenue recognition in Thai baht terms in the current quarter (Table 1). To minimize the impact of COVID-19 in the second quarter of 2020
that the operating results will improve in early 2021. As of now, the company is open for business as per usual, no direct operational impact from the COVID-19 outbreak situation. 2. Operating Results
The COVID-19 crisis has an impact on waste increase in Thailand. From the report of the Pollution Control Department (PCD), Ministry of Natural Resources and Environment, it recently found that