from the backlog had been recognized in Q4/2020. Moreover, the sales campaigns at the beginning of the year are not well-received as usual as a consequence of the COVID-19 pandemic. Regarding the income

growth. In 2019, the real estate sector was beginning to face a slowdown as a result of various negative factors, particularly the Bank of Thailand’s Loan to Value (LTV) measure. The situation is worrisome

and environmental responsibility as well as sustainable development. As a consequence of global economic situation and economic downturn in the country, the real estate sector has continuously been

or 9.7% which was mainly due to a direct consequence of the 2nd outbreak of COVID-19 in December 2020 ▪ Revenue from Sales of Raw Material decreased by THB 3.6 Mn or 9.4% due to franchise branches also

management assessed the agreement in accordance with TFRIC 12 ‘Service Concession Arrangements’. As a result, the Group’s management recognized revenue from construction under a concession arrangement in

quarter last year. This is a consequence of altering the administration and management of projects to suit the work schedule. The changes are as follows: Cost of contract work amounts to Baht 210 million; a

26.5 million decreased from the same period of the previous year by THB 99.7 million, or equivalent to 136.1 percent, as a consequence of Covid-19 pandemic. The company need to adapt to the new norms of

of 430 million baht. As a consequence, KC was in default on the payment of 350 million baht on those bills of exchange (B/E) (SEC News No. 2/2018 dated Friday, 5 January 2018). The SEC’s further

worsen globally in March. Travel restrictions and Visa-ban policy were launched to control the pandemic. As a result, for aviation industry in the first quarter in 2020, global RPK plunged 22.2 percent

created by on-going restructuring as customers looked for higher con- tracted volumes due to risk that the restructuring would result in planned capacity not coming on line. This is reflective of the