measurement in several countries resulting a significant decrease across economic activities which expected a deep economic deceleration throughout the year. During the last period shrinking economy impacted
13.7% from 2Q20. When comparing with 3Q19, net profit declined by 16.3% mainly from the increased in provisions as a result of the continued uncertainties from the economic slowdown as impacted by COVID
down movement of the Thai stock market in March 2020, the Company’s overall profitability on the gains and return on financial instruments was also significantly impacted in the first quarter of 2020
quarter and some of the large project in 2021. In addition, the Company was less impacted by the COVID-19 situation in Q1–2021 than those in Q1–2020. Many customers in that period had postponed the delivery
retail businesses, has also been impacted by several of Thailand’s economic indicators including the consumers’ confidence index which hit the lowest in 38 months, the floods in upcountry, as well as the
period of last year regarding to TBSP consolidation since April 2018 which impacted to higher extra finance cost from additional long-term loan for Tender Offer in TBSP. Excluding finance cost of TBSP of 8
recover. The Company’s performance last year was impacted by Covid-19 pandemic. However, the company was able to turn profitable for full year performance 2020. Car component demand continues to stay strong
negatively impacted by COVID-19 pandemic. For this year, with the easing supply of the semiconductor shortage, higher volume from our major customers and new product launch in March, we expect this year to be