payable to customers or expenses paid for the customers and therefore should be treated as a reduction of the revenue under the contract. Under the previous accounting policy, the Company and its

customers and therefore should be treated as a reduction of the revenue under the contract. Under the previous accounting policy, the Company and its subsidiaries immediately recorded such fees as selling

decreased by 1.8% from 1H/2020 due to the reduction in the proportion of in-store sales and sales of raw materials to Mikka franchisee which has lower margin than normal product sales • The Company’s EBITDA

, which was 2% q-q and 1% y-y due to reduction of fee or any expenses incurred from debt collection from 100 baht to 50 baht per round for debtor (one installment past-due), Notification of Debt Collection

million (-12.88%) and a decrease in non-current liabilities of THB 7.51 million (-4.27%). A decrease in current liabilities of THB 277.76 million was mainly due to a reduction in overdrafts, short- term

business. Similarly, private investment sector was slowdown regarding to the concern about uncertain government spending except in the electronics group that moved production base from abroad and the

7,777 respectively. The changes was primarily due to impact of the economic slowdown, Thai Baht appreciation and competition in Samui market. Outrigger Hotels Indicators 2018 2019 %change Quarter 4/2018

were slowdown followed economic recession, excluded construction sector that had bidding competition from Chinese entrepreneurs. In terms of investment and employment, there were affected from labor

situations. Another factor of economic slowdown was the drought directly affecting agricultural products as well as their decreasing prices, causing the decrease of the domestic market’s main purchasing power

of 175.56 million THB because the slowdown of investment from the state enterprises in last year has been picked up during this period in 2017. Type Jan.-Jun. 2016 Jan.-Jun. 2017 MB % MB % 1. Sales