2018-2019 budgets as above and since there are several opportunities, we prefer to include them later in our plans as they mate- rialize based on our strict criteria and fitment to our business needs
second quarter of 2020. The strict lock down policy have been put in place for all countries around the world. All business sectors were impacted during this period, especially tourism sector, resulting
contracted more severely than in the first quarter as a result of strict measures implemented worldwide to contain the Coronavirus Disease 2019 (Covid-19) pandemic which disrupted economic activities in many
new government. Furthermore, digital disruption continued to negatively impact certain business operators’ income and operating costs. Under these circumstances, KBank put in place more stringent
stringent customer approval criteria for commercial lending policies vis-à-vis small and micro businesses. We continued to prioritize risk assessment through prudent screening and close monitoring of
less strict process of animal provision. In addition, the Company also has the internal control system on animals which specifies animal operators to strictly comply with so that the procurement
period and the company can continue production as planned. As for the measures against the spread of COVID-19, the company has taken strict steps to prevent various impacts as much as possible, including