the appreciation of the Thai Baht has led to the destination shift among the country’s target tourists. These factors have, undoubtedly, put pressure on the hospitality industry, which is the main
margin of 31.94%, decreased by 0.94% as a result of the higher competition and Covid-19 outbreak situation. The effect from 1 and 2 make an increase of 152.47 million baht in gross profit. 3. Details of
information provided in this MD&A may vary if any factors or situation are changed in the future; the investors are, therefore, required to have their own discretion regarding the usage of this information for
approximately 1.28 million baht and interest income from the disposal of investment in subsidiaries in amount of 2.01 million baht, although this year there is corona 2019 epidemic situation, which affects all
impact of the Covid-19 situation. Summary of Financial Statement Position Assets As of the period ending 31 March 2020, the Company has total assets equal to 23,074.5 million baht higher than the ending of
markets went into a tailspin, whereas turbulence was seen in manufacturing, service and tourism sectors, which in turn dampened domestic spending sentiment. The situation adversely affected the government’s
situation of Corona Virus (COVID-19) according to the Emergency Decree and its related announcement resulted that the Chinese tourists who are main customers of this business segment unable to access the
equity ratio was 1.38 times while the interest bearing debt to equity ratio was 0.86 times. Forward Looking For the 2nd quarter of 2020, it is well known that due to the impact of the Covid-19 situation