Cu.M., or 9.40%, as the discount for household customers in 2019. Raw Water Volume (Million Cu.M) 1st Quarter 2020 2019 YOY % Total distribution volume 71.50 77.35 (5.85) (7.56%) Internal usage for tap
declined by THB 323.67 million or 32.26%. This is because the slowdown of real estate business sector resulted from Loan to Value regulation or “LTV” since 2019. Moreover, the household debt has been
-income households. Nevertheless, high levels of household debt continue to weigh on household purchasing power. Headline inflation in the first quarter of 2019 was 1.2 percent, up from 0.4 percent in the
energy (including production, transmission, appliances and products); • energy efficiency (such as in new and refurbished buildings, energy storage, district heating, smart grids, appliances and products
to small and medium-sized exporters, resulting clearer signs of acceleration in industrial production. In the meantime, private consumption only grew slowly due to weak overall household purchasing
the full-quarter impact of the COVID-19 pandemic, the unrecovered household consumption, and the decrease of foreign tourists. Gross Profit and Gross Profit Margin • The Company’s gross profit in Q1
customers, has been pressured by high household debt. Therefore, spending expenses are carefully controlled. Notwithstanding, the entrepreneurs in retail industry have to adjust themselves to increase the
impacted by declining global demand, which has also led to a deceleration of private consumption as a result of lower employment, particularly in export- related manufacturing sectors. Elevated household
to remain fragile as overall purchasing power has not yet recovered, and household debt remains at a high level. The operating result of the Company in this quarter is still in line with the plan
level of household debt and conservative spending are continue to hinder domestic consumption by limiting consumption with only necessary items, decreasing in spending frequency and low- price. The