but slower than the previous quarter because of the deceleration of exporting sector and the world economy. Merchandise exports were projected to recover more slowly than expected due to the slowdown in

Company expects the recovery of businesses within the shopping centers to vary from one tenant to another, especially the smaller business owners that may require more time to recover. Hence, the Company

to lock down the country to prevent the spread of COVID-19, travelling means has been disrupted, especially air travel, which expects to take longer to recover back to normal. Also, sales from Index

recover if the pandemic becomes more severe and prolongs than expected. 2. Stricter measures are implemented in order to contain the spread of COVID-19, which might cause some businesses to shut down their

household debt means that it will take more time for consumption to recover. The Thai economy will continue to face external challenges, which pose risks to the global recovery and therefore Thai exports

whole entire year.  The refinery business had an inventory loss of THB 1,489 million (including lower of cost or market (LCM) THB 689 million) from the sharp decline of crude oil price in the global

quarter, which has led to retail prices at service stations aligning at an appropriate level to the cost of finished oil products. While marketing margin in Q2/2018 was highly affected by the sharp rise in

appreciated. Whereas in 2018 inventory loss was recorded at THB 1,489 million (including lower of cost or market (LCM) THB 689 million) due to the sharp decline of crude oil price in the global market between

the previous year. As Q3/2018 experienced sharp spikes in global crude oil price, coupled with the government measures to appoint retail Diesel price ceiling at THB 30 per liter, resulting in a

sharp contraction in the first quarter of 2020 as economic activity was crippled due to efforts to control the spread of COVID-19. The World Economic Outlook of the International Monetary Fund estimated