estate developer and its customers. Although overall economy is soft, the Company’s target group of customers can maintain their purchasing power. For recurring income business, the Company had adjusted
target group of customers can maintain their purchasing power. For recurring income business, in November 2019, the Company kicked off the construction of “Hotel Kitch”, a 72-room hotel that will be
Company also aware of the current situation and has adjusted operations to maintain revenue growth along with consistently enhanced quality and capability of service under cost-effective management to
strength as well as effort to maintain monetary return in the eyes of shareholders. Page 3 of 11 Singha Estate Public Company Limited Management Discussion and Analysis 1Q2020 The Company has adopted
outlook as a result from COVID-19 pandemic, MACO will ensure to maintain our leadership in the outdoor advertising network in Thailand through professional management of PlanB. As for focal strategy of MACO
million as a result of the company transferred Short-term Investment in order to maintain liquidity Other Current Financial Assets increased by THB 120 million due to the reclassification of the investment
Application To support the growth in online channels effectively, the Company implemented 2 main strategies aiming at improving customers’ brand loyalty through After You application as follows: 1. Maintain
. The Company attempt to maintain a faster inventory turnover, where raw material (CPO) and product (Biodiesel) were stocked between 15-20 days in 2021. Also, the Company emphasis on efficiently control
Equivalent increased by THB 16 million mainly due to the conversion of other current financial assets into cash in order to maintain the Company’s liquidity. • Land, Property and Equipment decreased by THB 42
to weak spending affecting mobile operators to maintain offering low-unlimited plans to keep their customer base. In addition, as mobile operators have attempted to increase their 5G adoption, there