Operation in the Future For the year 2020, the Company expects that exports will continue to slow down as the global economy and the Thai baht exchange rate remains fluctuates and continues to appreciation
relatively high delivery project value. Furthermore, in Q2–2020, the Company was affected by the ongoing outbreak of COVID–19 which caused the customers change their work methods and slow down their operation
. Including uncertainty from the US economic policy Therefore, the overall of the world economy is growing at a slower rate. While the Thai economy continues to grow at a slow rate as well Although the economy
competition, including the impact of the trade war, which caused sales to slow down in some brands. However, the current situation has been resolved and returned to normal. Whereby in the second quarter of 2019
depreciation of plant and machinery that contributed to higher share of cost of goods sold. In addition, the Company executed sales promotional campaigns for slow moving inventories that accounted for lower
Central Retail Corporation Public Company Limited Management discussion and analysis /Page 1 Executive summary The overall global economy was projected to slow down significantly due to the COVID-19
gross profit was more than 35%, but at the same time, in the second quarter and the third quarter, the main customers in the Coating group have continued to slow down their orders, causing sales of the
both Thai and foreign worker employment rate as well as the slow-down of other related industries. This quarter economy was also affected by tropical storms and flash flood in some upcountry areas. The
4Q2019, the overall economy of Thailand is still likely to slow down from both internal and external factors including the decline in agricultural product prices and the lower purchasing power of the
. • Net profit margin in Q1/2020 dropped by 15.0% from Q1/2019 as a result of the slow down in dessert café sales in Q1/2020 while SG&A expenses did not change significantly as the cost-saving plan will be