are partly from the expedited disbursement at the end of the year. In fact, the government expenditure plays a key role to support the recovery of the Thai economy during the COVID–19 outbreak. In Q3

1. The outbreak of Corona Virus Disease 2019 (COVID-19) Since the end of February 2020, the government and private companies allowed the employees to work at home to prevent the further spread of the

outbreak. In 1Q20, overall economy was largely affected by the coronavirus disease (COVID- 19) outbreak globally, including the Thai economy, resulting a deep economic deceleration throughout the year. Thai

financial reporting standards. Overall market environment The Thai economy for the first quarter of 2020 continued on a declining trend comparing to last year due primarily to the COVID-19 outbreak which

Branch, Petchkasem Branch, Korat Branch and Udon Branch, etc. since May 3, 2020 in order to support customer demands with strict public health measures. From the outbreak of Coronavirus disease and

representing a decrease rate of 36.9%, a result of the global outbreak of the COVID – 19 In addition, Revenue from management service also decreased at the rate of 26.1%. • Revenue from sales of food and

delay is also attributed to the COVID-19 outbreak. 3.2 In the first quarter of the year 2020, the revenue from real estate development business has decreased 93.02 Million Baht or 56.67 percent in

Thai economy and automotive industry in Thailand that was resulted from the impacts of the COVID-19 outbreak. Also, several car factories temporarily shut down causing the decrease in the volume of

for the nation. Money from various budgets has been pulled back to help those who are affected by the outbreak. Entrepreneurs stop operating, resulting in lost sales target. For the first quarter of

previous quarterly. To: The President The Stock Exchange of Thailand COVID-19 outbreak that pressures global economies into recession Governments around the world therefore issue stimulus measures such as