the operating result for the first quarter of 2020 In first quarter of 2020, the situation of global epidemic of Coronavirus disease 2019 (COVID-19) as well as the spread in Thailand, the government
flows from investing activities resulted from advance payment for buying the machines for production and from investing in government bonds. Cash used in financing activities was the cash payment for the
Control Order (“MCO”) or lockdown imposed the Government of Thailand, Malaysia, Indonesia and India was necessary to prevent the spread of the virus. Thailand and Malaysia were badly impacted by the MCO
or is equal to 48.3%. Due to the Company’s branches, where located in department stores, were temporarily closed by the command of government since March 22 to May 16, 2020. Furthermore, to response to
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
which focuses on projects with the government. 2. The Group has cost of sales in the first quarter of 2020 in the amount of 20.40 million baht and the gross profit margin (Gross Margin) in the first
official announcement from the Thai Government in March regarding the temporarily closer of premises such as department stores, restaurants, spa and fitness center. Consequently, the closure of facilities in
decreased from THB 133.61 million to THB 32.68 million or decreased THB 100.93 million or 75.54% because the government announced to close all cinemas in Thailand contemporarily by the Measure of the Thai
prepared in accordance with the Thai Financial Reporting Standards for Publicly Accountable Entities (TFRS for PAEs) in the case of government agencies offering to high-net-worth investors, and requiring the