revenue due to the decrease in consumers’ purchasing power as a result of the impact from the new wave of COVID-19 outbreak, as well as the temporary closure of some branches according to government
, increased by 68.57% from last year, due to allowance for the decline in value of obsolete and long-aged finished products. Selling and administrative expenses Selling expenses presented at Baht 357.68
to write off obsolete inventories during the period. The Company reported shutdown expenses for inventory management against sales volume in 2Q17 at Baht 39.5 million decreased by 31.8% compared with
2.5% compared with QoQ, primarily due to declining of write off obsolete inventories during the period. The Company reported shutdown expenses for inventory management against sales volume in 3Q17 at
mainly by the drop of revenue from sales and services, resulting from temporary closure of hotels, schools, and food/catering outlets. The impact was lessened from the Company’s continuing efforts from
same period of last year. Major factors to drive the result in this quarter were the closure of Dusit Thani Bangkok lower new profit by THB 25 million, the net loss of THB 14 million from the new
epidemic situation of Coronavirus 2019 (‘COVID-19’) and the countermeasures taken by the government such as travel restrictions and the closure of venues considered high-risk areas including department
Plaza Chaengwattana in May 2019. - Restaurant business decreased THB 12.67 million, down 9% compared to the same period of last year mostly from the closure of 14 non-profitable branches in 2018
income from e-payment business, which was directly impacted in the second quarter of the current year from the government announced to closure of international travel under policy to control the epidemic