to curfew, and the launch of new product. The upcoming relief of the preventive measures of COVID-19 is expected to improve the company’s revenue and performance. However, as the investment in Absolute
year. Domestic demand increased by 19.1% to 231,189 units due to improved economic activity following an easing of coronavirus restrictions and relief measures. The Bangkok International Motor Show event
attributable to lower industrial water’s sales volume mainly due to lower demand according to drought mitigation plan by the government despite new contribution from Demineralized Water. Gross Profit and Gross
and loss from shrinkage and obsolescence. In addition, land and building tax declined due to 90% tax subsidy from government’s relief program as well as declining of loss from foreign exchange. 7
since 12 March until now due to the severity of virus transmission. In addition, Mitigation plan implemented with full set of initiatives to minimize the short term impact on our profitability and
will materialize in the rest of the year. In general, fixed costs will reduce due to Covid-19 restrictions on travel and mitigation plans in place for fixed cost savings in all departments. Gross profit
. 3. The prepayment of the debenture by using proceed from this transaction will help UWC to decrease its interest expenses more than TH 10 million also enhance its debt service ability. 4. Mitigation
. (i) For NPLs, our clients have less ability to repay. In order to limit and forecast the impact, the Company has launched relief measures to support the COVID- hit debtors. ( ii) As for NPAs, the
sector, with manufacturing and industrial sectors suffering a sharp contraction. In order to mitigate the economic impact, the Government and other institutions have introduced relief measures to help
several relief measures being rolled out by the government. Since the beginning of the outbreak, the Company has committed to support and operate in compliance with the government’s measures and orders