repayment in April 2020 and to mitigate risk from the money market fluctuation during COVID-19. However, compared to the six- month period of 2019, the finance cost in the same period of 2020 increased by 0.7

.), beverage capacity expansion in Thailand and investment in a new beverage factory in Myanmar. Inventories increased by THB 714 million due to preventive measures to mitigate supply chain disruption and

to maintain liquidity. Public expenditure was affected by the delayed enactment of the Annual Budget Expenditure Act B.E. 2563. The government is also reallocating parts of its budget to mitigate the

from 1.50 percent to 1.75 percent to mitigate financial stability risks and build policy space to counter a future downturn in the economy. Economic Outlook for 2019 In 2019, Thailand’s economic growth

2018, the Company successfully expanded its business to the Philippines to broaden customer base and diversify risk from overseas sales as well as mitigate risk of overreliance on sales in China. In

stagnated for 85% since the end of last year. Nevertheless, the Company’s business expansion to the Philippines helps extend the customer base and diversify its revenue streams which mitigate the risk of

its revenue streams which mitigate the risk of reliance on sales in China. At present, the Company’s products are well - received in the Philippines but still could not make up for the slowdown in sales

prices have increased and will continue to rise into the second half of the year. Investment in operational efficiency projects such as Lime Kiln Dust reinjection will help to mitigate somewhat the higher

revenue is 1% lower. On the COGS side apart from normal inflation fuel prices have significantly increased. We have optimized the fuel mix however to mitigate the impact, but this increase will last into

customer base and diversify its revenue streams which mitigate the risk of reliance on sales in China. At present, the Company’s products are well - received in the Philippines but still could not make up