. The impact is reduced somewhat when we compare EBITDA on a YTD basis (since Saraburi Quicklime is only consolidated from March 19th onwards) but it is still up 30%, and this without contribution from

, with the effect of COVID-19 outbreak, the labor has temporary moved from service sector back to agriculture sector which led to more demand in agriculture equipment. Other that the above reasons, in Q2

private sectors was highly shrank, particularly the investment on machinery and equipment as well as the lockdown measures that has been started since late of the first quarter of 2020 by closing the

European Union and Japan while the Chinese economy may witness only low growth. Governments of several countries hastened the implementation of large-scale stimulus packages in order to ameliorate the

to obtain sufficient evidences on the purchase of USD 7.2 million machinery according to the agreement where the company has paid the USD 3.6 million deposit, or an equivalent of 122.95 million baht

decrease in premises and equipment expenses. Cost-to-income ratio excluding loss from sale and revaluations of foreclosed assets stood at 38.4% improving from 40.2% during 1Q20. Unit: Baht million 1Q21 4Q20

expenses. But if considering only research and development expenses, those expenses increased 12.1% from the same period last year caused by some additional headcounts of R&D personnel in Germany and India

Thailand is behind other countries in South East Asian. In 2018, retail industry growth only at 3.9% per annual. The Company engages in retail rental space for retailer more than 1,500 client and operate 3

of the main customers in South America expanded more branches and the new policy of the Company to sell products to only one customer in some country where the customer has high market shares in

level of household debt and conservative spending are continue to hinder domestic consumption by limiting consumption with only necessary items, decreasing in spending frequency and low- price. The