in the central business area. The strategy of the Company has thus been adjusted to be in line with the market condition and business. The Company has turned to the rental market as a measure of risk
loss in Q1 2020 but turned profitable in Q1 2021. 3) Lower tax expenses. 2) Financial Position Analysis (Unit : Million Baht) March December Change 2021 2020 Amount % Change Total Assets 23,138 22,346
disturbed by sharp decline in Chinese tourists, turned off by series of unfortunate events. The Chinese tourists are one of a key customer of the company. Consequently, domestic sales experienced a 1 6.69
loss branches and turned to emphasize the other distribution channels where there were lower cost and higher margin. Another important development of mobile phone distribution business in the previous
and service were difficult due to the weak purchasing power. Since the consumers were price- sensitive, together with a high competition in the market, some entrepreneurs turned to reduce their
lockdown offset by improving bad debt expense. Net FX loss was Bt181mn in 3Q20, turned negative, compared to FX gain of Bt344mn in 2Q20 as THB had depreciated against USD and increased capex payable. Finance
August 2018 also turned Chalarm sales to near breakeven (-0.7% YoY in 2018, improved from -15% YoY pre-launch to +18.0% YoY post launch of Chalarm Black Galingale). Also, M-Presso (NPD launched in February
a lot in the last year, some customers reduced the demand for this type of content and turned to buy program rights which has been broadcasted on television instead. Moreover, the customer less the
rental from lock down Net FX gain was Bt344mn in 2Q20, turned positive, compared to FX loss of Bt422mn in 1Q20 as THB had appreciated approximately 5. 4% QoQ against USD and higher Capex payable compared
to lower bad debt provision while decreasing -11%QoQ due to some seasonal staff-related expenses. Net FX loss was Bt223mn, turned negative, compared to FX gain of B263mn in 4Q20 due to THB depreciation