declined as the spread of COVID-19 outbreak has resulted in the closure of partner countries resulting in the Company cannot be exported to partner countries in March. • Comparing between Q1/2020 and Q1/2019
increase was due to the store closure in March 2020 during the first spread of COVID-19 meanwhile in 2021, the stores operate as normal. Sales in the stores were improved in many regions except in the
from foreign countries has also been postponed and reduce to comply with the closure of stores in accordance with the Emergency Decree. Selling and Administrative expenses In 1Q20, selling and
, attributable to the closure of one store and a depreciation of the Euro against the Thai Baht during the period, and a decrease in SSSG in our Thailand department store category. II. Revenue from sales from
domestic or oversea branch office at least 30 days before the closure. Clause 17 An intermediary who has obtained an approval to close domestic or oversea branch office shall make an announcement to clients
the SEC Office of closing domestic or oversea branch office at least 30 days before the closure. Clause 17 An intermediary who has obtained an approval to close domestic or oversea branch office shall
intermediary shall notify the SEC Office of closing domestic or oversea branch office at least 30 days before the closure. Clause 17 An intermediary who has obtained an approval to close domestic or oversea
specialty retail category expansion and growth of online and omnichannel sales, partially offset by a slight decrease in sales of goods our Italian department store category, attributable to the closure of
during rush hour. As the recent COVID-19 outbreak resulted in the temporary closure of the sit-in service within the dessert stores, the Company recognized the important to prepare for changes that may