May 2020. At the end of 2Q 2020, 10 hotels out of 57 hotels were closed and these are expected to reopen in the second half of this year. As a result of the decrease in the overall ADR and occupancy

and expenses as much as possible to adjust to the continuous decline in revenue due to the effects of the current economic situation, which is expected to continue through the year 2020. In the Tooling

respectively. However, the quick recovery of Malaysian operations has cushioned the overall losses for the quarter. It is expected that operation in Thailand will be improved to almost 65% in the next quarter

8.50 million the Group has applied a simplified approach to determine the lifetime expected credit losses for trade account receivable and Reversal of doubtful debts in the amount of 0 .61 million baht

managed the customer credit during Covid- 19, including monitoring and collecting accounts receivable, resulted in the decrease in allowance for expected credit losses. 3 Management Discussion and Analysis

Project’s objectives, whereby ACV and Mr. Vuthithorn Milintachinda will invest and hold 85% and 15% of the registered and paid-up capital, respectively, post transaction. The Project is expected to drive

shares of WCI Holding PCL, held by EFORL. As coronavirus situation may impact to the business which is unable to be expected, the Board of Director meeting considers that the investment in wellness

setting up pop-up stores. In 2H/2020, 1 new outlet is expected to open, while the previous plan to open other targeted branches that are still in the negotiation process will be reconsidered to when the

loss and expected credit loss totaling Baht 3.9 million were reclassified to Administrative expenses from the 1st Quarter of 2021. Finance costs Finance costs were Baht 0.1 million, increasing +31.4% YoY

(Loss) 541.37 8.42% 611.06 11.08% (69.70) (11.41%) Other Income 6.83 0.11% 4.95 0.09% 1.88 37.87% SG&A (108.93) (1.69%) (118.89) (2.16%) 9.96 (8.38%) Expected Credit Loss (20.19) (0.31%) (1.85) (0.03