due to temporary closure of 11 branches since March 22, 2020 in order to comply with regulation issued under The Emergency Decree on Public Administration in Emergency Situations. Performance Analysis

, decreased by 49.29% QoQ and 33.87% YoY as a result of revenue from sales have dramatically decreased due to temporary closure of 11 branches from end of March 2020 to end of May 2020 in order to comply with

third quarter of 2019) Thai economy was expected to expand at a slower pace than previous expected at 2.8 and 3.3 percent in 2019 and 2020, respectively, due to both external and domestic demand

agreement, the bank will forgive the accrued interest that is deferred. 7. Other income decreased 17.20 million baht from the same period last year to 11.35 Million Baht or 39.75% due to In 2016, the

interest to acquire the business, and it was Rapi himself who had signed on the associated memorandum of understanding and arranged for the new investors to conduct a due diligence on the business and assets

Yai, Chachoengsao, Rayong and Diana Hat Yai Branch. Industry Overview Thailand’s overall economy expanded at a slower pace than expected in 2Q19 due to external demand. The escalated trade tension

February 2018. In addition, the Company arranged more marketing events than prior year such as “FN Fair” at head office and “FN Thank you sale” at branches. The sales proportion in 1Q18 has been increased

operating revenue due to the temporary closure of branches from the impact of COVID-19 outbreak as well as the closure of service area for renovation in some stores. • The Company’s gross profit in Q2/2021

primarily due to the expansion of the Hinoya Curry restaurant and the opening of Taokaenoi Land shop in tourist attractions. Despite the growth of Chinese tourists at 1.7 percent from the same period of the

achieve the target especially in second half of the year due to the decline of Chinese tourists and economic slowdown in several countries especially in Europe which negatively affect spending power of