categories liked home entertainment, where Power Buy is traditionally strong, and where sales were unusually strong in the prior period in connection with the World Cup Soccer tournament, and due to seasonally
target group of customers can maintain their purchasing power. For recurring income business, in November 2019, the Company kicked off the construction of “Hotel Kitch”, a 72-room hotel that will be
external factors, such as the overall domestic economic condition causing diminishing confidence and lower purchasing power, international trade war, and the appreciation of Thai Baht. The Company focused
จากการขายอสงัหารมิทรพัยด์งักล่าวอยู่ที ่ 55.3% 4 ธรุกิจสาธารณูปโภคและไฟฟ้า (Utilities & Power Business) ปี 2561 ปี 2562 เพ่ิมขึน้/ (ลดลง) ล้านบาท ล้านบาท % รายไดจ้ากการขายและใหบ้รกิารสาธารณูปโภค 2,095.1
reducing the rental fees for a certain period. Residential and Others The residential segment has slowed down before COVID-19 due to the Loan-to-Value (LTV) measures and reduction in purchasing power of
disruption to the economy. Businesses and employment were affected by the lockdown measures while consumer purchasing power continued to decline due to the high level of household debt. However, the government
purchasing power of foreign investors, to which the Company has continually adjusted its marketing and selling plans. For projects under development, the progress is still on track and has little impact from
travel restrictions which affect the number of both Thai and foreign tourists. In addition, purchasing power of consumers is thoroughly affected and this negatively impacts private consumption, although
purchasing power in the coming quarter. Nevertheless, the business sector may recover within 3 – 6 months after the situation improves. 3. WATER SITUATION As of 1 May 2020, the water supply situation in
restrictions and faced 100% drop in foreign tourist numbers. Likewise, the export sector has been affected by declining demand from trading-partner countries. In addition, the purchasing power of consumers is