bonus due to the unforeseen circumstances that might happen in the future. There was also financial support policy from Social Security Board for COVID-19 by reduced 5% employer’s monthly contribution to
temporally supporting expense to Company’s master agents in COVID-19 situation. Profits 1) Gross profit in 2Q2020 was Bt120.12mn, as a result of declining in core revenue, kiosk improvement to support new
of risk from carrying successive losses of overall performance of Power Plant business caused by less productive machinery along with cutting down provision of financial support for Power Plant
. • Net profit margin in Q1/2020 dropped by 15.0% from Q1/2019 as a result of the slow down in dessert café sales in Q1/2020 while SG&A expenses did not change significantly as the cost-saving plan will be
government expenses. The government expenses play a key role to support the Thai economy in 2020 and earmarked to better help the economy in the next phase. It is expected that the government will accelerate
prices and slower decline in fresh food prices. However, inflation remained below the Bank of Thailand’s target range of 1-4 percent. Core inflation is registered at 0.49 percent, down from 0.76 percent in
.) Export sector was impacted from country lock down of the partner countries due to the discontinuance of production chain 3) Government spending and investment shrinkage due to the delay of government
sector’s growth slowed down and private investment slightly dropped. However, private consumption continued to hold up, partly due to improvements in non-farm income and government measures to support low
down in April during fully lockdown, however the market recovered in June with the growth of 18.0%, partly driven by additional supply of C-Vitt from capacity expansion. COVID-19 situation accelerated
formation. Hence, the NESDB has cut down its growth forecast for the Thai economy in 2023 to the range of 2.5%-3.0% from the previous forecast of the range of 2.7%-3.7%, which the supporting factors still