sales experienced a major decline especially revenue generated via traditional trade channels. The Company is aware of the situation and its impacts and already overhauled its strategies and marketing

situation. As of November 30, 2018, the Company’s total cards reached 8.43 million cards, increased by 4% from the end of fiscal year 2017 (including 2.59 million credit cards, increased by 4% and 5.84

GSTEL, as a result, GSTEL is able to repay the loan as normal but due to GSTEL’s situation of seeking funds from external source has not yet been successful, GSTEL has enquired to extend the loan tenor to

1% from the same period last year (source: International Tourist Arrivals to Thailand January-August 2 0 1 9 , Ministry of Tourism & Sports). The Company was fully aware of the situation and took

growth. In 2019, the real estate sector was beginning to face a slowdown as a result of various negative factors, particularly the Bank of Thailand’s Loan to Value (LTV) measure. The situation is worrisome

impact of the COVID-19 in the periods going forward as the situation is still evolving. It is, however, certain that Thailand and worldwide measures against spread of the COVID-19 will have adverse effects

under the situation of the Coronavirus outbreak (COVID-19). 2 Unit: Million Baht The 6-month period for the Year 2020 comparing to 2019 Consolidated Separate Amount Change Amount Change 6M.2020 6M.2019

( COVID-19) situation has improved domestically, following a significant reduction in the number of local infections. However, the continued high rate of overseas infections, combined with Government fears

, Ministry of Tourism & Sports). Additionally, The Chinese government announced a ban on outbound group tours since 24 January 2020. The Company was fully aware of the situation and took actions by

from project owners due to the economic situation during COVID- 19 outbreak. Another reason is the Company has paid a fee for the bondholders. 3.8 Details of share of profit (loss) from investments in