) Total 843.58 1,478.27 (634.69) (42.9) 1.3 Explanation of sales revenue The decline in sales revenue was largely due to the impact of Covid-19 pandemic which slowing down the economy, hence impacting motor
decreased 9.79 million Baht, or 2.91% from the same period of previous year due to the slowing of the economy. Investment and government expenditure were not enough to drive the economy. While the private
sales was caused by the fact that most countries in AEC market were also affected by the slowing global economy. Profit for the period L&E’s consolidated profit for the period of Q3/2019 was posted at
keeping the income not less than 10 percent of the model forecast, reducing or postponing unnecessary spending and slowing down the investment by focusing on the return of investment and low investment
economic recovery. From the above situation, it affects the sales that customers postpone, slowing or canceling investment plans. For the second quarter of 2020, the Company recognized revenue from the
shrank from the economic slowdown, as operators opted to invest in process improvement and efficiency enhancements, as well as introduction of technology to reduce costs. EEC area is also slowing down, but
market, where the oil business is in on a downward trajectory following slowing global economy due to the trade war between the US and China. The Dubai crude price in 2019 averaged at 63.51 $/BBL, a
reason is the lower revenue from the slowing down of construction plans of some customers. Thus, making the construction and revenue recognition not possible. The economics also slowdown dueto the COVID-19
same period of year 2019 or 4 5 . 8 4 percent decrease. The main reason is the lower revenue from the slowing down of construction plans of some customers. Thus, making the construction and revenue
tourist arrivals due to the Coronavirus Disease 2019 (COVID-19) outbreak and slowing Chinese economy. Meanwhile, domestic factors include severe droughts and the delay on government budget approval