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
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
geopolitical situations remain risk factors affecting economic activities of Thailand’s trading partners. At the same time, uneven recovery of household purchasing power may be further hindered by the floods in
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
situation effect from spreading of the COVID-19 virus, the net profit margin was changed from the same period of last year from 13.7% to 12.4%. Net profit for the period decreased from the same period of last
organizing activities involving large gatherings of people which may pose the risk of spreading the disease. In addition, the Bangkok Metropolitan Administration has issued an announcement dated March 21, 2020
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
tourists, compared to 5,872,145 people in the pre-COVID-19 period (Jan-Feb 2020), as travel restriction remained in place. In 2021, the recovery of the Thai economy is expected to be fragile and uneven