investment in the year 2019 but no such transaction in this year together with the effect from COVID-19 outbreak which led to the decrease in traffic and ridership volume resulting to the decrease in revenue
in this quarter decreased by Baht 2,966, Million or 95.1 percent due to no such transaction in this year. The Company had revenue from main business of Baht 2,489 Million representing a decrease from
or 41% compared to quarter1/2019. The Company has a loss in quarter 1/2020 of 4.01 million Baht, a decrease of 20.87 million Baht or 84% including a loss from operations of 3.79 million Baht. During
the result in 2Q18. This decrease was a result of the extraordinary items and also the new investments. Without these items, the Company reported an increase operating result of THB 78 million from the
transaction. 6. Transaction objective : To manage obsolete assets properly. To increase the Company’s liquidity, decrease administrative expenses and prepare the land for any other businesses in the future. 7
clarifies the changes in the performance over 20% as follows: FINANCIAL PERFORMANCE Consolidated Financial Statements Q1 2018 Q1 2019 Increase/(Decrease) THB mm THB mm THB mm % Total Revenue/1 3,447.1 3,803.0
, amortization of prepaid transaction cost of borrowings and interest expense from lease liabilities. Finance costs decrease 9.7% YoY from Baht 36.1 million to Baht 32.6 million, decreasing Baht 3.5 million, and
summarized as follows. Performance Analysis For the Quarter 2-2019, the Company and its subsidiaries had total revenue of 268.56 million baht, a decrease of 104.65 million baht or 28.04 percent compared to the
corresponding period of the previous year, in compliance with the decrease in revenue from sales and services. Gross profit margin of the first quarter of 2020 was 23.80% of revenue from sales and services