lower investments In order to proactively respond to the rapid spread of COVID-19 pandemic and government policies, After You has made improvements to its strategy and strategic directions as follows
Dusit Thani PLC Management Discussion and Analysis For 1Q20 P a g e | 1 Executive Summary Due to the COVID-19 pandemic, Thailand and many countries in the world have issued the preventive measures
changed by considering all stakeholders. In 2Q20, overall economy was largely affected by the coronavirus disease (COVID- 19) outbreak globally, including the Thai economy, due mainly to country lock down
previous projected at 2.8% growth to a 5.3% contraction due to the fact that COVID-19 outbreak severely affected both external and domestic demand particularly the tourism and exporting sector which sharply
-19 outbreak and to alleviate economic downturn. Although, many countries have gradually relaxed the lockdown measures, and businesses resumed their operations, consumer spending is still not yet fully
economic downturn and the outbreak of COVID-19 pandemic. Net Profit and Net Profit Margin • The Company reported net profit in Q4/2020 and 2020 of THB 17 million and THB 55 million, respectively, decreased
. Impact from COVID-19 pandemic On 30 March 2020 the Company announced taking actions in response to the escalating COVID-19 pandemic by suspending its hotel operations temporarily. The temporary suspension
decreased by 12.12 %. The reason for decreased total revenues was mainly due to the decreased in both domestic and export sales between April and August following the COVID-19 pandemic outbreak. Our domestic
-19 outbreak in many counties has not been resolved. Such current situation may have a negative impact on Thai listed companies that have core business in COVID-19 affected countries, or it might