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period in 2019 due to the COVID-19 outbreak. This outbreak has caused the number of businesses to slow down their investments, reduce the production, cease the operations, and close down certain parts of
derived from interest on short- term and long-term loans that the Company had drawn down for the hotel operations and the River Wing renovation project. Year-end 2019, the Company closed with a net loss of
% was increased when compared to the same period last year resulted from interest payment for short-term and long-term loans that the Company had drawn down for the hotel operations and the River Wing
accelerated to grow. Regarding domestic demand, private consumption slowed down as a declining household income and employments, particularly in export-related manufacturing sectors. According to the slowdown