from hotel business with maintaining flat cost of sales and services together with increase in Other Income, contributed by the gain on sales of long-term investments. This resulted in a 31.0% yoy

National Peace and Order Maintaining Council No. 4/2019 Re: the Measures to Solve Problems in the Operation of Television and Telecommunications Business, issued on 11 April 2019 (Collectively called “Rules

57 hotels in our portfolio temporarily closed. The Group carried out cost control policies seriously and continuously, whilst still maintaining employees. This will ensure that the Company has enough

out cost control policies seriously and continuously, whilst still maintaining optimal staffing plan. This will ensure that the Company has enough manpower to support its growth after the crisis. Office

to provide full services, and implementing a voluntary leave without pay scheme, initially for management but also later opened up to all employees. Maintaining a strong liquidity position has been a

situation is relieved. New Pancake Mix to increase penetration in modern trade From March 22nd, 2020 to May 16th, 2020, the Company temporarily closed dine-in areas of the outlets while maintaining the

was at 4.6 times increased from 3.6 times at the end of 2019 while the Company considers it is within the appropriate range to appreciate leverage and maintaining acceptable credit rating. Return on

EBITDA to grow low single digit. Dividend policy at minimum 70% of net profit AIS is committed to driving long-term growth while delivering return to shareholders. We place importance in maintaining strong

-term growth while delivering return to shareholders. We place importance in maintaining strong financial health and flexibility to pursue future growth . Our dividend policy is to pay a minimum 70% of

-mentioned ongoing cost program. Dividend policy at minimum 70% of net profit AIS is committed to driving long -term growth while delivering return to shareholders . We place importance in maintaining strong