increased tourist-related usage during the festive period in April and May. Competition shifted towards value-based offerings with more personalized packages to gain ARPU. The handset market slowed down in
11.4 percent. The mainly caused the high of competitive pricing in the market, especially decrease from the following product group in snack and page 3/6 confectionary such as Pop Secret, Nature Valley
aligned with the Company’s strategy to invest in hotels and resorts in prime tourist destinations. o Target Group Hotels and Resorts are projects with high potential and located in countries with further
from slow investment from private sector and export sector. Additionally, Thailand’s tourism has shown slow pace from a drop in international tourist arrival, especially Chinese tourists (Source: The
Transport Association). In terms of the Thailand tourism industry in the second quarter of 2018, the number of international tourist arrival to Thailand increased by 9.1 percent, compared to the same period
driven by global trade recovery and well-performing trading partners’ economies. Also, tourism sector robustly expanded, reflected from an increasing number of international tourist arrivals especially
channel, such as sales from schools, airlines, hotels, clubs/bars, and restaurants especially in the tourist areas impacted from the COVID-19 in March. Dairy portfolio adjustment also contributed to sales
customers. The number of daily foreign tourist arrivals through 5 major airports decline by dropping 63% from the same period last year. (source: International Tourist Arrivals to Thailand January-March 2020