disruption to the economy. Businesses and employment were affected by the lockdown measures while consumer purchasing power continued to decline due to the high level of household debt. However, the government
due to a decrese in hotel performance both Phi Phi Island Village Beach Resort and Santiburi Koh Samui, in which materially affected by the COVID-19 pandemic, damaged the number of tourists
epidemic has caused some businesses in the group to be affected by government policies. To close the mall and the closure of the country from the end of March until the beginning of May to prevent the spread
risk factors that are specific to the issuer and its industry and had materially affected or could materially affect, directly or indirectly, the issuer’s financial position and results and business
sectors. Tourism was heavily affected by airspace and border closures, while merchandise exports fell sharply as demand from major trading partners fell, impacting both manufacturing production and domestic
affected by the year round global oil price fluctuation, especially in the last quarter which oil price plunged drastically. Moreover, the refinery recorded lower crude run due to its 45 days turnaround
production after TAM, and KSL Green Innovatioin Plc. recorded an increase in total sales. However, ethanol business gross profit was affected by the raw material cost, such as the rising molasses price and
improved to 1.38 million tons, increased from previous year by Global Green Chemicals Public Company Limited Management’s Discussion and Analysis | 6 0.15 million tons or 12%, since it was affected by the
inevitably affected the Company’s operating revenue. In addition, the Company had invested in renovating its long overdue hotels to enhance competitive edge in the market. Moreover, the economic slowdown and