the COVID-19 pandemic continues to affect private consumption and domestic tourism sector continued to decline. As of May 31, 2021, the Company’s total cards reached 9.25 million cards, including 2.98

, there are risks from the slow recovery of some business sectors, including the export sector that continued to decline due to the economic slowdown in Thailand's major trading partners. This may affect

. Excluding the consolidation of our Outdoor and Digital Services business, our revenue improved organically by 19.8% against a backdrop of double digit decline in overall advertising spending. Despite the

disruption to the economy. Businesses and employment were affected by the lockdown measures while consumer purchasing power continued to decline due to the high level of household debt. However, the government

average rate of 69.7% per year. The Company has a unique portfolio of hotels in desirable global holiday destinations, as follows (1) Two self-manage hotels in Thailand, operate under independent branding

manage its efficiency in operating and administrative expenses well through the Digitalization process in the future. The separate financial statements has cost-to-income ratio at 37.8%. Expected Credit

statements due to limitation on scope of audit imposed by the STHAI management in various matters including quantities and unit prices of inventories, allowance for decline in value of inventories, and

Q3/2019, the Company and its subsidiaries recorded total sales of Baht 1,205 million, an increase of 0.1% YoY, occurred from a decline in domestic branded sales at 11% YoY while export branded sales

and the overall cost control measures are well implemented so that to serve as a tailwind factor to our ability to effectively manage SG&A expenses. 4 Financial expenses Our financial expenses in Q2

effectively manage SG&A expenses. 4 Financial expenses Our financial expenses in Q2/2017 amounted to THB 5 million, up by THB 4 million from the corresponding period last year. It was due to our multiple