) Bt25-30bn (Maintained) Core service revenue to be flat or slightly decline due to prolonged pandemic Thailand has been experiencing the new wave of Covid-19 outbreak since April-2021 with sharp rise in
management discussion and analysis for the 2nd quarter of 2020 and 6-month period ended 30 June 2020, as follows: The Group’s Operation under the Epidemic Situation of Coronavirus 2019 Due to the global
previous projected at 2.8% growth to a 5.3% contraction due to the fact that COVID-19 outbreak severely affected both external and domestic demand particularly the tourism and exporting sector which sharply
June 30, 2019 and the six-month period ended June 30, 2020, respectively. The figures represent a period-on-period decrease of 4.12% due mainly to the Corona Viruses (COVID-19) outbreak. For three months
was Baht 0.1 million, decreasing -38.6% YoY as clients in property development sector cut their media spending due to the situation of Coronavirus disease 2019 (COVID-19) outbreak. Gross loss was Baht
operating revenue due to the temporary closure of branches from the impact of COVID-19 outbreak as well as the closure of service area for renovation in some stores. • The Company’s gross profit in Q2/2021
are partly from the expedited disbursement at the end of the year. In fact, the government expenditure plays a key role to support the recovery of the Thai economy during the COVID–19 outbreak. In Q3
1. The outbreak of Corona Virus Disease 2019 (COVID-19) Since the end of February 2020, the government and private companies allowed the employees to work at home to prevent the further spread of the
financial reporting standards. Overall market environment The Thai economy for the first quarter of 2020 continued on a declining trend comparing to last year due primarily to the COVID-19 outbreak which
shortened. Moreover, since an increased NPLs/ NPAs arise from the pandemic outbreak rather than the economic crisis, the Company expects to see more NPLs/NPAs with even higher qualities. The company believes