on hotel operations from April 1, 2020 is reacting to the unfolding COVID-19 outbreak around the globe, following the lockdown measures implemented by many countries where the Company owns or operates
-19 outbreak and to alleviate economic downturn. Although, many countries have gradually relaxed the lockdown measures, and businesses resumed their operations, consumer spending is still not yet fully
quarter with net losses due to lockdown and the disruption of activities that occurred. Sales have not yet been able to adjust back to normal due to the novel coronavirus (COVID-19) outbreak, despite the
million baht or decrease 12.84 %. The declining sales volume was due to the decrease in domestic demand for diesel. This is affected by a new outbreak of COVID-19 virus since early 2021. Additionally, the
slightly decline due to prolonged pandemic Thailand has been experiencing the new wave of Covid-19 outbreak since April-2021 with sharp rise in number of new cases per day causing tighten restriction across
Thai economy in the third quarter was still affected by the prolonged COVID-19 outbreak and the uncertainty of the epidemic situation of the new Omicron strain of COVID-19. In order that, the
outbreak control measures are being gradually relaxed and Vaccination is more progressive. 2). The effect of outstanding demand from the previous period and 3). Government measures that continue to bolster
services. This is in line with changing consumer behavior after the COVID-19 outbreak. 2023 Outlook Perspective on the Recovery After the Easing of COVID-19 Measures Presently, the situation of the COVID-19
tourist arrivals due to the Coronavirus Disease 2019 (COVID-19) outbreak and slowing Chinese economy. Meanwhile, domestic factors include severe droughts and the delay on government budget approval