delay is also attributed to the COVID-19 outbreak. 3.2 In the first quarter of the year 2020, the revenue from real estate development business has decreased 93.02 Million Baht or 56.67 percent in
Thai economy and automotive industry in Thailand that was resulted from the impacts of the COVID-19 outbreak. Also, several car factories temporarily shut down causing the decrease in the volume of
for the nation. Money from various budgets has been pulled back to help those who are affected by the outbreak. Entrepreneurs stop operating, resulting in lost sales target. For the first quarter of
previous quarterly. To: The President The Stock Exchange of Thailand COVID-19 outbreak that pressures global economies into recession Governments around the world therefore issue stimulus measures such as
, decreased from the same period of the previous year in the amount of 101.37 million baht. The outbreak of Coronavirus Disease 2019 (COVID-19) in early 2020, the impact from restrictions on access to the area
, respectively. As a result, the COVID-19 outbreak directly affects the import of raw materials of the Company for sale, resulting in a decrease in sales. The Bank of Thailand estimates that the growth rate for
expected to severely contract during the outbreak. The export sector has been impacted by declining demand from trading partners and supply chain disruption, while the tourism sector has been impaired by
major course due to the outbreak of Corona Virus Disease 2019 or KOVID-19, which came from the strict control measures both in the country and international and it has broadly affected the economic
. However, the value of those projects decreased because the remaining project value declined. Furthermore, the company has been affected by the ongoing outbreak of COVID–19, causing many customers to delay