Analysis | 2 Executive Summary In 2Q2018, Domestic palm oil production has increased as well as in other countries, consequence to lower Crude Palm Oil (CPO) prices and Crude Palm Kernel Oil (CPKO) prices

Analysis | 2 Executive Summary In 1Q2018, Domestic palm oil production has increased as well as in other countries after the drought occurred in FY2016, consequence to lower Crude Palm Oil(CPO) prices and

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