appropriate for the Company to be able to dispose of the assets at a price consistent with the market and industry conditions in the economic downturn. In addition, Land and Buildings thereof is also an asset
the Company to be able to dispose of the assets at a price consistent with the market and industry conditions in the economic downturn. In addition, Land and Buildings thereof is also an asset in the
downturn. In addition, the Company has a need to use such cash flow to repay debt which would help reduce the burden from interest expenses and for working capital that will allow the Company to continuously
, decreased in amount of 12.0 million Baht or 33.3 percent. Real estate revenue was lower than last year due to the economic downturn resulting in the company postponing the new project development plan which
-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
decrease of 42.9 percent and net profit of Baht 40.13 million or decreased by 50.2% while compared to the same period of last year which the net profit was Baht 80.62 million. Due to the economic downturn in
) expects the Thai economy to contract by 6.7 percent. The main factors driving the economic downturn are the contraction in exports of services, predominantly tourism revenues following the sharp fall in the
price consistent with the market and industry conditions in the economic downturn. In addition, the Company has a need to use such cash flow to repay debt which would help reduce the burden from interest
still in downturn mainly from the shrink of export and import sectors which were negatively impacted by an economic slowdown of the trading partner countries with a significant drop in domestic
impact and uncertainty of land and building tax and stricter lending policies by financial institutions as loan-to- value (LTV) measures and an economic downturn which led to the slowdown of purchases of