51.99 million or 94.31% Impact from the COVID-19 pandemic The COVID-19 pandemic has affected Thai economy an early on February 2020, which likely cause a continued changing and dispersed forecast of the

its Subsidiaries Management’s Discussion and Analysis for the year ended 30 June 2020 2 ASIA’S BOUTIQUE AIRLINE Executive Summary The Covid-19 pandemic plunged global economy into worse recession in the

decreased by 12.12 %. The reason for decreased total revenues was mainly due to the decreased in both domestic and export sales between April and August following the COVID-19 pandemic outbreak. Our domestic

and Analysis For the Operating Results ended March 31, 2020 From the Coronavirus disease (COVID-19) Pandemic, affecting the tourism industry and the aviation industry of the world, resulting in an

amounting to Baht 41.74 million. Other income for quarter 3/2020 of Baht 169.66 million which increased from quarter 3/2019 by Baht 90.98 million or 115.62% Impact from the COVID-19 pandemic The COVID-19

affected by the closures and abnormal operating hours of shopping stores due to the pandemic of COVID-19. The steep decline in the number of Chinese tourists also weighed in the plunge of skincare sales. The

rental services continued to decline especially in late 1Q20 as a result of the widespread of the coronavirus 2019 (COVID-19). The widespread of the pandemic had an impact the Company’s operation as the

- Despite the impact of COVID-19 pandemic, OSP managed to deliver Q1’20 Net profit* at THB 926 million (+4.2% YoY, +12.5% QoQ), with Q1’20 net profit* margin of 13.8% (-20 bps YoY, +140 bps QoQ), from the

as, the epidemic of Covid 19 have severe negative impacts on the economy. There are many industries that have been impacted from this pandemic which most directly are service and tourism industries

Business The COVID -19 virus pandemic situation has had a wide impact on all types of businesses and industries. In the first quarter of 2020, the negative impact on revenue to the Company and its