-o-y) to 287,701 flights. This is attributed to the slowdown growth rate of aviation fuel consumption this year as it has been negatively impacted by a number of external factors, such as measurements
of bad debt in accordance with the new Financial Reporting Standards (TFRS 9) coupled with additional provision for future impact of ongoing economic slowdown and the COVID-19 pandemic totally at the
consumption causes an increase in consumer confidence. Both export and tourism sectors rose faster in the first half of 2018. On the other hand, Thai economy showed signs of a slowdown in the second half of
business decreased 2.0% QoQ, mainly due to the seasonal factor let to an inconvenient of using services at the kiosk of customers, farming, the slowdown of the grassroots economy and also the increasing of
% in the previous quarter due to a slowdown in both of export and tourism sectors. Meanwhile, the private consumption expenditure accelerated in line with rising consumer confidence. In addition, the
revised to be in accordance with the real estate business slowdown, particularly in the residential condominium section. Single house projects and real estate service business are developed to expand the
economic slowdown. For the nine months period of 30 September 2018 and 2019, the net profit decreased from THB 108.7 Mn to THB 87.4 Mn respectively, a decrease of THB 21.3 Mn or 19.6% and the net profit
due to decreased of the revenues from Ibis Style Hotel Chiangmai by THB 4.89 million causing from low season together with economic slowdown impact and closing partial hotel area for renovation. For
financial impacts from all the savings would not immediately appear in Q1/2020, the results is expected to gradually show up in Q2/2020. 2020 Outlook 3 As a response to the economic slowdown and the changes