growth. In 2019, the real estate sector was beginning to face a slowdown as a result of various negative factors, particularly the Bank of Thailand’s Loan to Value (LTV) measure. The situation is worrisome
for new stores in hardline and food segment, 2 Thai Watsadu, 1 GO! Mall and 1 BigC stores. The Company has strict measure to maximize cost saving. 6. Finance costs was THB 615 million, increased by
products. For the domestic, the Lockdown measure from the Thai government resulted in the hypermarket stores such as Tesco Lotus, Big C, Home Pro, etc. that are the customers of the company necessary to
) a decrease of various expenses from cost control measure such as work from home policy to savings of utilities expense, traveling expense and overtime expense. As a percent of total revenue
and TFRS 16 – Leases as per the following details. Under TFRS 9, the Company is required to classify the derivatives and credit losses as financial assets. The Company will measure fair value of all
losses as financial assets. The Company will measure fair value of all derivatives and recognised in profit and loss statement, while the credit losses is to consider as impairment of trade receivables
of household debt. On the other hand, public spending and investment continued to grow due to government’s relief measure through cash injection for people and businesses. As of August 31, 2020, the
personal loan portfolio. The Company is aware of the issues affecting overall operation, there is thus the measure to address such problems, for instance, searching for more qualified customers and improved
and the announcement of the lockdown measure in May 2021 are expected to affect both the purchasing power of consumers and the level of domestic economic recovery. However, if COVID-19 vaccination can