may decline, currently standing at B563, in exchange for higher ARPH (average revenue per household) in the long run. Expanded strategic digital services for both enterprise and consumer With a complete

regulation or “LTV” since 2019. Moreover, the household debt has been steadily increased in recent years which result to the strict in granting a loan to the borrower from many financial institutions. As well

, changes in consumer behavior from New Normal situation, and uncertainty of household income, as well as, the exaction of financial institution and liquidity of business. Nevertheless, the business sector

Cu.M., or 9.40%, as the discount for household customers in 2019. Raw Water Volume (Million Cu.M) 1st Quarter 2020 2019 YOY % Total distribution volume 71.50 77.35 (5.85) (7.56%) Internal usage for tap

declined by THB 323.67 million or 32.26%. This is because the slowdown of real estate business sector resulted from Loan to Value regulation or “LTV” since 2019. Moreover, the household debt has been

-income households. Nevertheless, high levels of household debt continue to weigh on household purchasing power. Headline inflation in the first quarter of 2019 was 1.2 percent, up from 0.4 percent in the

to small and medium-sized exporters, resulting clearer signs of acceleration in industrial production. In the meantime, private consumption only grew slowly due to weak overall household purchasing

the full-quarter impact of the COVID-19 pandemic, the unrecovered household consumption, and the decrease of foreign tourists. Gross Profit and Gross Profit Margin • The Company’s gross profit in Q1

1.05% from the previous quarter. However, substance economic challenges are remained such as global economic recession as a result of policy interest rate increment, high household debt level increasing

customers, has been pressured by high household debt. Therefore, spending expenses are carefully controlled. Notwithstanding, the entrepreneurs in retail industry have to adjust themselves to increase the