Microsoft Word - S_2019_GRC-02_025_S43 Share Acquisition_EN Page 1 – Translation – GRC-02/2019/025 11 December 2019 Subject: Report of the Asset Acquisition To: President The Stock Exchange of
Disease 2019 (COVID-19) in Thailand, which is rapidly spreading, the government has declared a state of emergency on all areas of the Kingdom of dated 25 March 2020 and according to the Section 9 of the
is equal to Baht 45.1 million, decreased by Baht 7.8 million or is equal to 14.8% from the same period of last year. Earnings per share is Baht 0.26 per share, decreased from last year that showed Baht
company lost ฿ 7.59 million. Due to spreading of the novel coronavirus (COVID-19) pandemic, company’s first quarter of 2020 income has decreased. In addition, the government has requested cooperation to
spreading and the company has proceed a plan to reduce costs and various operating expenses to be eased to impact on revenue and profitability by reducing sales and administrative expenses, such as utilities
the COVID-19 pandemic, which is presently spreading rapidly and appears almost uncontrollable coupled with a higher household debt. In addition, the Bank of Thailand cut the ceiling rates of interest
selling expense to increase, 1Q2020 net profit reported at THB 335M or still increased by 14% YoY because of other income representing THB 423m recognized as a gain from selling share of SHR’s subsidiary
not organize any functions including meetings resulted from self-quarantine measures to prevent the spreading of Coronavirus 2019 (Covid-19) transmission. In addition, the hotel has closed Spa and
adequately reduce the risk of spreading even the Company has prepared measurement to control. Moreover, the situation is an event that fluctuates all the time and cannot predict what it will be. As such, after
% from 1Q2019. In 1Q2020, the Company recorded share of profit from investment in Joint Ventures, Thai Ethoxylates Company Limited (TEX) and GGC KTIS Bio Industrial Company Limited (GKBI), at THB 62