though, the business was not able to operate as normal due to the announcement to temporary close educational institutions from the Ministry of Education from COVID-19 pandemic causing the closure of
, residential buildings, offices, shops, restaurants, hotels, schools, playgrounds, auditoriums, factories, warehouses, and other places. 3. Selling and administrative expenses Selling and administrative expenses
represented 83.79%, increased by 100% due to the Company have new spray service for all types of residential buildings, offices, shops, restaurants, hotels, schools, playgrounds, auditoriums, factories
channel, such as sales from schools, airlines, hotels, clubs/bars, and restaurants especially in the tourist areas impacted from the COVID-19 in March. Dairy portfolio adjustment also contributed to sales
expects the continuous growth from the catering services primarily to major international schools and the operation of a healthy food restaurant business opening in October 2019. In addition, Hotel business
revenue growth. The Company also expects the continuous growth from the catering services primarily to major international schools and the operation of a healthy food restaurant business opening in October
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
internationally. - In January 2019, the Company invested 51% in Epicure Catering Co., Ltd. ("ECC"), a catering service provider for the canteen of international schools in various countries in Southeast Asia
., Ltd (“ECC”) which engages in the food and beverage catering business. At present, ECC provides its services to international schools in South East Asia region. Initially, the Company invested 51% in ECC
Havens” (since 2018) proving luxury villa management services and Epicure “Catering” (ECC) (new investment in 2019), providing catering services to international schools; 2) Sales of assets or investments