on the Company’s future revenues, operations and supply chains. The Company is taking several cost saving measures to minimize the negative impact of the COVID-19 pandemic on the Company’s future
2020, the company focusing on the Ready to Move project and Inventory for sale with several campaigns, such as the Keep Your Distance campaign, allowing buyers to stay free for up to 3 years, helping to
several measures across our business units to minimize the impact on our profitability and maintain financial flexibility. Current business environment 1. Thailand: We temporarily closed our fashion and
district to 4.2 million bottles/day and 5.7 million cans/day, an increase of 40% and 30% respectively. In additions, the Company has several projects in pipeline for further efficiency improvement including
, several Cost saving measures have been initiated by the Company and subsidiary to reduce costs. Management Discussion and Analysis Quarter 2 Ending 30 June 2020 G Steel Public Company Limited Page 5/7
and Knightsbridge Space Rama 4. For the second quarter of 2020, The Group focus on the Ready to Move project and Inventory for sale with several campaigns, such as the Keep Your Distance campaign
aforementioned impact and economic uncertainties, which led several businesses reduce their advertising spending. Domestic advertising revenue was THB 97mn, a decrease of 62.9% YoY. International advertising
-19 pandemic, which resulted in more lockdowns and travel restrictions in several countries including Thailand, Malaysia and Indonesia – the Company’s major markets. In Thailand, despite the success in
, sales of other product, screw flight and plough are also having a downturn this year especially screw flight that worsen by 33% from last year’s sales. The decline in sales were caused by several negative