closure in quarter 2: Following the government’s order to close business venues and announce a curfew, this led the Company to temporarily close the majority of HomePro and Mega Home stores, as well as
places were closed temporarily and travel restrictions imposed. Consequently, the Company’s marketing activities were suspended and over 70 branches were closed down temporarily, from April to mid-May. In
office or a manager from a branch office. Clause 11. For a management company that is going to close any branch office either temporarily or permanently, the date which the management company closes such
close any branch office either temporarily or permanently, the date which the management company closes such branch office shall be deemed the date permission to establish such branch office has been
. However, The Hotel temporarily close due to COVID-19 effected revenue from hotel operations portion decreased. The following table shows the total revenue structure by business type according to the
beginning of April 2020, all 9 local and overseas owned hotels as well most of hotel management temporarily suspend its operations in response to COVID-19 following with country-specific governmental
million or 65.8% from Q3/2018-2019, mainly from the COVID-19 effect. Our restaurants had temporarily closed for dine-in in compliance with the government measurement to cope with the outbreak during April
postponing investment plans for additional capacity in the country temporarily. However, it is expected that the industry will recover in the second half of this year due to high demands for HDD usage
to temporarily closing of the branches, this affected of decreasing in same store sales at 10.0%, however there is incremental in revenue from new branches that were opened during the second half year