2017. The refining service’s volumes also share the Company’s overhead costs, which help to maintain production cost as low as possible. Which the company is still profitable to supply regularly because
target group of customers can maintain their purchasing power. For recurring income business, in November 2019, the Company kicked off the construction of “Hotel Kitch”, a 72-room hotel that will be
reducing the rental fees for a certain period. Residential and Others The residential segment has slowed down before COVID-19 due to the Loan-to-Value (LTV) measures and reduction in purchasing power of
SHR’s hotels with same warmth and hospitality, but with assured safety and hygiene procedures, and most flexible booking terms possible. SHR also believes that tourists from domestic market will firstly
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
purchasing power of foreign investors, to which the Company has continually adjusted its marketing and selling plans. For projects under development, the progress is still on track and has little impact from
travel restrictions which affect the number of both Thai and foreign tourists. In addition, purchasing power of consumers is thoroughly affected and this negatively impacts private consumption, although
possible; the branch has already been constructed and decorated. In addition, the Company has already test- run the logistics of raw materials and store equipment from Thailand in order to be most ready
Company's profitability. ▪ In 2021, the edible oil’s cost of sales ratio was increased from 2020 to 6.81% or increased by 7.91%. The Company was possible to generate profit from this business unit since there
material. However, the Company was possible to generate profit from this business unit since there were Made to Order. Which is managing the raw material used to produce edible oil to be profitable. But the