credit limit, debt moratorium measure, to assist for state welfare card holders and to stimulate domestic tourism under “We Travel Together” project; buying power of the consumers have remained stagnant
from pre-acquisition level of 35% to 56% by end of 2019. IRSL refinanced its outstanding debt with banks in India and managed to reduce cost of financing for funded long term facility by 8% p.a. and for
year and 7.6 percent increase from the 1st quarter of 2017. China, the United State and Vietnam are continue growing from the previous year. While the sales in Indonesian market plummeted during the 1st
consumption to decline. Especially, from the tourism sector and airlines had to suspend services. With the culmination of events being the declaration of the state of emergency and social distancing policies
overall economic conditions have dampened consumers’ spending, despite a spate of government stimulus measures such as the state welfare card and the ‘Eat, Shop and Spend’ project in the second half of 2019
lower sales in OEM-Personal care business. Q3’19 the Company’s gross margin improved to 34.6%, +280 bps YoY. This level of gross margin has been sustained since Q4’18 thanks to “Fit Fast Firm” project
. In addition, Gross Refinery Margin was still at the low level. This has affected the performance of the petroleum related business. However, demand for consumption of finished products see signs of
professional body) of any other persons connected with the public offering. II. OFFER STATISTICS AND EXPECTED TIMETABLE A. Offer Statistics 1. For each method of offering, state the total amount of the offer
declarations of the state of emergency including gradually closing the international inbound and outbound travels to stop the spread of the disease. In Thailand, the state of emergency was declared as well and
expenditures are at a high level. The government's capital expenditure expanded mainly in line with the disbursement of transport agencies. However, the overall performance of the company in Q2–2021 showed that