and Baht 55 million, respectively. The Group’s policy on allowance for doubtful accounts is based on past collection history, aging profile of outstanding debts and the prevailing economic condition
pandemic has affected Thai economy an early on February 2020, which likely cause a continued changing and dispersed forecast of the GDP growth in the year of 2020 as well as how and when the economic
the decreased sale of plastic woven sack is decreased from the recessions of economic plus the baht appreciated results in our main customers in Exporter of Tapioca flour has less order. In additional
GDP growth in the year of 2020 as well as how and when the economic resumption would occur. Furthermore, the partial lockdown mandated in the last week of March 2020 resulted in a more pronounced
unprofitable business. Year 2020, our groups has encountered spread of coronavirus disease 2019 which causing slowdown in economic as effecting most businesses and industries. Management has changed their
. Industry Overview Overall economic activities in the first quarter of 2020 contracted from the prior last year. The Coronavirus disease 2019 (COVID-19) pandemic is continuing to evolve, resulting in an
contraction of the Thai economy. The economic growth inclined to be slower than forecasted which was mainly due to the trade tensions and the weakening of economy worldwide. Particularly, the export sector has
, together with lower revenues from matured branches from the slowdown in the country’s economic conditions and competitive landscape in the industry. However, revenues from branches in the ramp-up phase
People’s Republic of China (“Hong Kong”) and the Government of the Kingdom of Thailand concerning Strengthening Economic Relation between Hong Kong and Thailand, signed on 29 November 2019. In this