consolidated reviewed the 2 nd quarter financial statements as of August 31, 2020 which were reviewed by Deloitte Touche Tohmatsu Jaiyos Audit Company Limited. The operating performance is summarized as follows
lower change rate than the change rate in revenue when compare to Q1–2020. This is because there were higher selling and administrative expenses (SG&A) in Q2–2020 due to the provision of doubtful accounts
significant transactions were as follows:- Management Discussion and Analysis For the Three-month and Six-month Periods Ended 30 June, 2019 Page 4 2.1 Revenue from sales and rendering of services (excluding
decreased by 77.0% YoY to THB 526mn, predominantly due to the decrease in revenue from hotel operations resulted from the impact of COIVD-19, and lower gain from exchange rates. These were partly offset by an
reservation in the 39th Bangkok International Motor Show was high, plenty of new model were launched especially the affordable price of SUV, increasing of private sectors’ investment, several infrastructure
expense were 364.07 million baht decreased from the previous year by 1.82 million baht or 0.50%. - Net profit was 10.03 million baht decreased from the previous year by 16.36 million baht or 61.98
75.9% compared to last year which were net loss of Baht 319.4 million. The operating results changed over 20%, main variances due to the following reasons: 1. Revenue from sales and services decrease
the Company also had revenue from inspection service for turnaround of refinery and petrochemical customer. - Cost of service, distribution costs and administrative expense were 425.44 million baht
founders and major shareholders were all in favor of disposing QI to Continental. This transaction is at arms’ length and after the close, Continental will not have any claims against the Company. Please be
increase loss of 3%. The Company would like to clarify a significance change of the Group’s operating results were summarized as follows: 1. Revenue from sales and services for the six-month period of 2017