well, the Company also intends to expand our business to CLMV countries (Cambodia, Lao PDR, Myanmar, Vietnam), which obtain an interesting direction of business growth. In the first quarter of , the

% in the previous quarter due to a slowdown in both of export and tourism sectors. Meanwhile, the private consumption expenditure accelerated in line with rising consumer confidence. In addition, the

policies of major countries and the Baht’s ongoing appreciation. However, the Thai economy has been supported by the expansion of private consumption, due to an increase in auto sales in the first half of

in public buses, and fleet trucks by price subsidies on B20 to be lower than B7 by 3 Baht/liter through State Oil Fund, more encouraging public to use B20 by increasing price subsidies on B20 from 3

movement of the main raw materials, i.e. scraps and pig iron, had more fluctuated since the first quarter of 2016, by increasing in the first and the second quarters of 2016 and then decreased in the third

money transfer service, of which the Company is the banking agent for 6 banks, has been growing consistently with 1,407,181 transactions per month, increasing 44.3% YoY, as well as the e-Wallet and

, increasing 1.0% YoY. The Effect of Coronavirus (COVID-19) Pandemic In the first half of 2020 Thai economy was impacted both directly and indirectly by the COVID-19 pandemic, which resulted to containment

to rising in price adjustment of rice business, COGs/revenue ratio of Q1/2020 declined to 84%, comparing to 87% of same quarter of last year. • Increasing in selling expenses of 12% are mainly impact

caused the TIGER stock price to be inconsistent with normal market conditions with the price rising from 3.50 baht/stock to 4.50 baht/stock and the average daily trading volume increasing from

price to be inconsistent with normal market conditions with the price rising from 3.50 baht/stock to 4.50 baht/stock and the average daily trading volume increasing from approximately 5.11 million stocks