the Bank of Thailand and Office of the National Economic and Social Development Board data. Thailand’s economy in the first quarter of 2023 expanded by 2.7% y-y, accelerating from 1.4% y-y growth in the

pipeline growth stems from the increase of new managed hotels 5,925 keys (20 hotels), partially offset by the discontinuance of the 4,269 keys (7 managed hotels). MANAGEMENT DISCUSSION & ANALYSIS 2Q 2020 13

has introduced relief measures to boost the economy and increase liquidity to alleviate the impact of COVID-19 on citizens and businesses. In response to the crisis, the government has introduced cash

% growth in the previous quarter, as a result of private consumption and public investment showed contraction while export of goods, private investment and government expenditure expansion. In addition, the

program, to increase the usage frequency on existing customers and encourage new customers For the operating result in 1Q2020, the total transaction amount was Bt9,630mn, decreasing 6.8% YoY. However, the

, and the increase in number of competitors’ kiosks. The details of total revenue are as follows: 1) Income from rendering of top-up service for prepaid phone and receipt of online services (Commission

has a growth in revenue from sales of goods in the amount of 200.62 million baht, increased by 14.21 million baht or 7.62% from last year. Resulted from an increase in sales from the product ‘Discs

growth in revenue from sales of goods in the amount of 261.99 million baht, increased by 12.51 million baht or 5.01% from last year. Resulted from an increase in sales from the product ‘Discs plough’ since

second quarter of 2021, the Company’s revenues were 5,344 million baht, decreasing of 40 million baht or 1% y-y but increase by 6% q-q. The decreased income was a result of the Bank of Thailand cut the

Company, wishes to raise funds through an increase of its registered capital and offer such newly issued ordinary shares to the public by an initial public offering (the “IPO”) and subsequently list its