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

government projects, even during the economic crisis as a result of the pandemic of COVID-19. In Q1–2020, the company’s total revenue decreased form Q4–2019, representing a decrease of 1,049.0 MB or 46.0% and

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

the budget disbursement for the year 2020 remaining period. Including, restructuring of the expenditure budget for economic recovery through the Transferring of Budget Act 2020. However, the investment

sluggish effecting from Trade War which impacted the global economic sentiment. However, the Thai economy is attributed mainly by number of factors, namely 1.) Growth in Tourism sector particularly in 2H19 2

and the announcement of the lockdown measure in May 2021 are expected to affect both the purchasing power of consumers and the level of domestic economic recovery. However, if COVID-19 vaccination can

According to the Bank of Thailand and Office of the National Economic and Social Development Board data, the Thai economy in the first quarter of 2021 contracted by 2.6% compared with a decrease of 4.2% in

According to the Bank of Thailand and Office of the National Economic and Social Development Board data, the Thai economy in the second quarter of 2021 increased by 7.5% (y-y) compared with a decrease of 2.6

% to 959,194 units due to economic recovery. According to FTI, car production for 2022 is expected to be at 1.80 million units or an increase of 6.8% from 2021 of which 1,000,000 units will be production

necessary to maintain the stability of the financial and economic system of the country, or to maintain the stability of the trading and settlement system of the derivatives market. Signed