performance recovery by strict cost control and cost reduction and ramping up asset utilization to manage fixed costs. In Q3/2019, we have recognized apparent expenses decrease. This contribution leveraged our

major customer in the future. Then, the Company had entered the agreement with those entity by set up the strict payment conditions. At the present, 10% of the program right fee has been collected and the

Analysis (MD&A) 2019 Page 3/8 profit equal to 67 million Baht. It was due to a result of the strict credit control by the Company, causing an increase in revenue from collecting (Bad Debt Recovery

comprising strict, Muean ls of land, w g with storag o Subdistrict wo parcels of ng with stora ict, Songkhla ngan, 1 squar and NML w PS, and NML iness of the C f financial c will be at a re o strengthen

from other international sales revenue. In addition, the Company and its subsidiaries will continually focus on the performance recovery by strict cost control and cost reduction, ramping up asset

Saving Measures The Company is strictly implementing cost saving measures to preserve its liquidity. • Cutting unnecessary expenses and maintain strict cost control e.g. suspension of staff travel

the COVID-19. Cost Saving Measures The Company is strictly implementing cost saving measures to preserve its liquidity. • Cutting unnecessary expenses and maintain strict cost control e.g. suspension of

in all business units and employs strict cash management to ensure short- and long-term liquidity. Furthermore, Company continues to invest in Strategic Growth Projects both in Thailand and overseas

NOW NORMAL. The Company also emphasizes on efficient operation excellence in all business units and employs strict cash management to ensure short- and long-term liquidity. Furthermore, Company

still deemed less strict in comparison to the beginning of 2020, with more easing of disease control measures to be able to accept foreign tourists in the fourth quarter. Despite the company maintains