quarter due mainly to a slump of 52.42% in international sales revenue compared to the same period of the previous year. The reason for this is that the product delivery was delayed after the license was
slump in credit card spending caused by of the COVID-19 pandemic. During this quarter the Company collaborated with new business alliances, namely Shopee and Grab Food, to increase business opportunities
Revenue Analysis Group Sales decreased 8% in 2019 to THB 20,384m from 2018 at THB 22,264m due to market weakness from the downturn in the semiconductor cycle and the US-China trade war. USD sales were 5
downturn, including the company has cost of sales and cost of services in the amount of THB 4,220.4 million, representing 57.7 percent of sales revenue and 1.5 percent higher than last year, mainly due to
Company has continuous loss. Thus, the Company considers the business restructure of the Company for purpose of handling the impacts from the downturn of the current economy, including the downturn of
. Managing the portfolio of non-performing loans to client or portfolio that are not much affected by the situation. The company expects that the cash flow may decrease somewhat due to the economic downturn
+7.0%. The manufacturing sector entered a downturn in the second half of March, with output and the PMI falling to a record low. Moreover, business sentiment deteriorated throughout Q1 and dropped to an
% from Q3/2019 and 38% from 9M/2019, respectively. • The decrease in operating revenue was mainly from the fall in purchasing power of domestic consumers as a result of the economic downturn and the
manufacturing activities of the major industries that disappeared during the epidemic situation and lockdown, with the sales of the automotive slump and with its higher margin product, being the most affected by
COVID Timeline and Cost-Saving Initiatives to Respond to the Situation The franchise outlet in Hong Kong will be ready in 1-2 month after the restriction on cross-border flight is lifted The slump in