ended 2019 due to net loss. 5. Business Outlook The impact of outbreak of Covid 19 Pandemic was more severely felt in Q2 2020 and the Thai GDP is expected to contract by about 10% for the Full year 2020
, with the effect of COVID-19 outbreak, the labor has temporary moved from service sector back to agriculture sector which led to more demand in agriculture equipment. Other that the above reasons, in Q2
of a possible recurrence of the outbreak in Thailand, have led to severe restrictions on inbound and outbound travel. This has resulted in a massive contraction of the tourism industry, as well as the
or 9.7% which was mainly due to a direct consequence of the 2nd outbreak of COVID-19 in December 2020 ▪ Revenue from Sales of Raw Material decreased by THB 3.6 Mn or 9.4% due to franchise branches also
from project owners due to the economic situation during COVID- 19 outbreak. Another reason is the Company has paid a fee for the bondholders. 3.8 Details of share of profit (loss) from investments in
transmission and telecommunication tower decreased by 42.19% YoY being impacted by the COVID- 19 outbreak resulting in delivery rescheduling by major customer. • Revenue from sale of electricity decreased by
outbreak, especially on export, tourism and industrial sector. However, economic recovery has been high uncertain from new wave of the COVID-19 pandemic since December 2020. As a result, the domestic tourism
August in this year due to COVID-19 outbreak. Therefore, the Company temporarily closed 57 branches in department stores. However, the company focuses on promoting sales through online channels and
of foreign tourists continued to increase due to the relaxing of outbreak control measures and international travel restrictions. As the result, the commerce and service sectors recovered and the