ended 2019 due to net loss. 5. Business Outlook The impact of outbreak of Covid 19 Pandemic was more severely felt in Q2 2020 and the Thai GDP is expected to contract by about 10% for the Full year 2020
, more home cooking behaviors. The results of the expanding production line into flexible packaging group help reducing impact from uncontrollable external environmental risks for the company. Allowing the
7.90 584.22% The WICE Group was one of the operators who received a positive impact from the Covid-19 situation and the Work From Home trend, contributing to a significant increase in electronics exports
global economy affected by COVID-19 still impact the Thai economy, however the Company still aims to deriver sustainable return to its shareholders. The Company, therefore, monitors and assesses risk from
being affected by lower sales. ▪ Revenue from Food Delivery & Catering increased by THB 18.0 Mn or 36.6% from driving more sales through food delivery channels. This greatly reduced the impact of the
are direct and indirect cost from the establishment of new factories and production line include the quality cost that may impact key customers. 10. Opinion of the Audit Committee and/or Directors on
) lowered the policy interest rate twice to 0.75 percent, first by 0.25 percentage points at its meeting on February 5 and by 0.25 percentage points during a special meeting held on March 20 as the impact of
% compared to the same period of last year. That show the Company managed to properly slash sales expenses from the previous year to be in response to decline in sales revenue and the impact from the
7.90 584.22% The WICE Group was one of the operators who received a positive impact from the Covid-19 situation and the Work From Home trend, contributing to a significant increase in electronics exports
194.40 million of net loss and THB 6.64 million of impact from adopting new Thai Financial Reporting Standards (TFRS), TFRS No.9: Financial Instruments and TFRS No.16: Leases, in the current period