customer base and diversify its revenue streams which mitigate the risk of reliance on sales in China. At present, the Company’s products are well - received in the Philippines but still could not make up
income base as evident in the financial performance in Q1. In 2020, the net profit of the Company and subsidiary companies decreases 38.03% from the same period of the previous year as the income from
the rest 12% to other countries of which the majority were orders from Yemen and Afghanistan. Export sales to CLMV countries, an existing and large international business base for the Company, increased
from strong Thai base customers who continually support the company. Veranda Pattaya Na Jomtien achieved 57% occupancy rate in June and Veranda Hua Hin Cha-am occupancy at 69%, with growth in ADR in both
medical devices and equipment business, expanding the existing customer base and new customers and increase new products such as Early Warning Score Program (EWS): Program to warn and aware to protect
from Yemen and Afghanistan. Export sales to CLMV countries, an existing and large international business base for the Company, increased by THB 526 million or 36.4% mainly due to higher demand from
analysis for Quarter 1’ 2020 5 / 7 Allowance for Doubtful Debt followed to TFRS 9 Financial Instrument and increased from employee’s salaries base. 3.4 Operating results The Group's net loss was increased
from 64.5% to 92.0% in 2Q 2020/21. The significant increase in cost-to-sales ratio was from primarily from a decrease in revenue base. As a result, gross profit decreased by 84.6% YoY to THB 41mn, while
Company has a plan to launch new co-brand card to expand new customer base. In addition, AEON Specialized Bank (Cambodia) Plc had credit card revenue in the second quarter of 2019 of 17 million baht, grew
income. The income base has been expanded to include rental property business as it is one way to efficiently manage the Company’s assets while purchasing power is decreasing as well as to reduce risks