public consumption and private investment were constantly expanding. However, Thai economy still faces other risk such as The U.S.-China trade war, global economic uncertainty and domestic political

decline by dropping 43.48% compared to the same period last year as sales in China stagnated since the end of last year. Nevertheless, the Company’s business expansion to the Philippines helps extend the

expand the tap water distribution business in the area. Therefore, preparation for production capacity expansion is important. The management therefore resolved to approve the said land purchase

(BAY) and Government Saving Bank (GSB), and new variety of services such as bank saving lottery, PA insurance, etc. The Company also focuses on expanding the kiosks with SIM card selling and electronic

5.99 -22% Total Sales 38,613 MB Total Revenues 11,040 MB 3 credit card spending and cutting in ceiling interest rate for credit card by 2%, which would be effective in August. For credit card expansion

% (y-y) in the first quarter. The main supporting factors were the return-to-expansion of export goods and private investment. On the other hand, the third wave of the COVID-19 pandemic continues to

because an increase of export and private consumption, as well as an expansion of government investment. In addition, the domestic tourism sector also improved due to the government continued relaxing

supporting factors were the return-to-expansion of export goods and private final consumption expenditure. In addition, the relaxation of the COVID-19 restrictions resulting in the number of foreign tourist

private consumption and investment. However, economic expansion remains at risk due to higher cost of living, the rising of household debts amid an upward trend of interest rates, the increasing of interest

relation to the Institution relocation to support the business expansion in the future. In FY2019, there was higher loss sharing from Dusit Hospitality Education Philippines Inc due to increase of