The company’s net loss in quarter 2nd of year 2020 was 21.96 million baht, the main reason was Situation of The Covid-19 outbreak causing the transfer of ownership of condominium units to be postponed
consider the matter and has the following resolutions: • Postponed the AGM for the year 2020 until further notice and the cancel the shareholder meeting scheduled on 29 March 2020 including the cancellation
the first 3 months of 2019 because during the period, ICE had a limitation in finding new customers and the main factor was the spread of COVID – 19, some customers postponed the purchase decision
reduce inventory continuously. Furthermore, the launching of certain new projects has been postponed by the Company to be in the last quarter of this year. Company believes that the overview of the real
temporary close of operation and continually to evaluate each month situation. Investment plans according to the 2020 budget are also postponed in order to maintain the solvency of the cash flow. Loss on
postponed to the beginning of next year or when the situation is relieved. Slight Change in the 2020’s Branch Expansion Plan Central World Samyan Mitrtown The Mall Ngamwongwan MRT - Chatuchak 2020 BITEC As
investment in last year. The Company maintained healthy financial position and sturdy debt service capacity with interest-bearing debt-to-equity ratio of 0.56 times. 2019 Outlook Company maintains 2019 outlook
backlog was THB 16,745mn, decreasing by 6.9% as compared to the end of 2018 of THB 17,981mn. Although the JVs had sturdy sales in The Line Wongsawang, The Line Ratchathewi and The Line Phahonyothin Park
healthy financial position and sturdy debt service capacity with interest-bearing debt-to-equity ratio of 0.10 times. 2018 Outlook Maintain 2018 forecast, yet adjust down new hotels opening • Despite Boat
has been postponed. 2. Revenue from services Revenue from services for this year was totally at THB 796.8 million, decreased by THB 77.6 million or 8.9% when compared to the prior year. The details are