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(YoY), net profit decreased by Baht 115 Million or 12.3 percent mainly from the decrease in revenue from the effect of COVID-19 outbreak in the year 2020 whereas there was an increase in expenses related
comparing to last year due primarily to the COVID-19 outbreak which started in January in China and has since spread to several countries. Measures to contain the outbreak imposed by several countries have
outbreak of the Coronavirus Disease 2019 ("COVID-19"). The Company have been closing hotels since April 1, 2020. - Cost of sales in Q1/2020 amounted 1,108.50 million baht or 60.75% of sales decreased
written premium for the second quarter of 2020 decreased by Baht 86.48 million as a result of the affected by the outbreak of the 2019 coronavirus (COVID-19) crisis. • Underwriting expenses was Baht 399.63
65.60 million baht or 91.94% from 71.35 million baht in Q2/2019 due to the outbreak of the Coronavirus Disease 2019 ("COVID-19"). The Company hotels had been closed during April - June 2020. - Cost of
equity securities, which was in line with the reduction of SET index resulted from the impact of 2019 Corona virus outbreak (COVID-19). Investment income and other income for six months presented a loss of
2020, National Economic and Social Development Council (NESDC) forecasted Thailand’s economy to expand by 1.5- 2.5 percent, softening from 2019 due to impacts from the coronavirus (Covid-19) outbreak