, Switzerland, Poland and the Czech Republic, in the form of subsidies for payrolls, and tax relief. In Germany where the Company has 33 hotels, there is a subsidy for payroll of up to 60% of gross salary. Our
has introduced relief measures to boost the economy and increase liquidity to alleviate the impact of COVID-19 on citizens and businesses. In response to the crisis, the government has introduced cash
assisted by the governments of various countries such as Austria, Germany, Switzerland, Poland, and the Czech Republic, in the form of subsidies for payrolls, and tax relief. In Germany where the Company has
operation of J Fintech Company Limited in the past affected by the coronavirus situation some in the collection of debt during Lock Down. However, under the accounting practice, Subject: Temporary relief
from the second quarter will drive a significant increase in medical service utilizations in the second half of the year as a result of patients’ anxiety relief since the situation of the COVID-19
the impact on private consumption is expected to be eased to some extent by various relief measures being rolled out by the government. The Group has committed to support and operate in accordance with
but is at a manageable level and does not have a significant impact on the company as a holding company. The branch of Jaymart Mobile has started to sell after the government announced the relief of
, 2017). • Economic stimulus—government subsidies—after the financial/pandemic crisis. • Corporate income tax deduction/exemption (via significant spending). • Import duty relief, etc. • Permission for
preserving policy space. The MPC deemed the government’s announced relief measures and loan repayment measures to assist borrowers affected by the Covid-19 would more directly address the problems than
1,560,381.03 196,119.72 Debt relief 9,608,040.00 - Other revenues 16,900.23 810.10 Administration Expenses (317,077.74) (1,153,805.57) Financial Cost (0.06) (41.42) Profit (loss) before income tax 10,868,243.46