associates and JVs /2 Gross profit including share of profit from investments in associates and JVs /3 Excluding FX impact In the first half of 2018, the Company had the net profit of THB 1,082.9 mm, which

. Impact from COVID-19 pandemic On 30 March 2020 the Company announced taking actions in response to the escalating COVID-19 pandemic by suspending its hotel operations temporarily. The temporary suspension

customers and employees. The Group constantly monitors the situation to manage and mitigate risks, assess the impact on the business, and ensure that the operations comply with additional health and safety

with its major trade partners, especially China. This factor is set to have an impact on the world’s economic recovery over the remainder of this year. The World Economic Outlook of the International

GLOW Acquisition Economic Direction 2020 Electricity Usage 2020 The effect of new accounting standards announcement (Effective in 2020) • In the year 2020, the company expects to be able to recognize the

should be prepared for other regulatory changes including the Basel III capital requirements and the International Financial Reporting Standards (IFRS9), which will come into effect in 2020. 1.3

TTP solar project have no impact regarding the overload of the transmission line and grid in the central provinces of Vietnam since DT1&2 located at Tay Nihn province, South – Western Vietnam (where

, which already expired. In addition, Thai baht strengthened to nearly 10% against the US dollar compared with the same period last year also had an impact on sales. However, if considering only normal

challenging factors for future performance in 2020 whether the economic volatility and other challenges, which shall impact the Company's performance. The management, therefore, remains committed to the

The second quarter of 2017/18 (ended 30 September 2017) 1 VGi GLOBAL MEDIA PLC MANAGEMENT DISCUSSION & ANALYSIS 2Q 2017/18 30 OCT 2017 MEDIA INDUSTRY AND BUSINESS IMPACT ANALYSIS Thailand's