strain of corona virus (COVID-19) has affected the global economy, society, and way of life like never before. The hospitality business and related industries are directly and severely affected, due to the
industries are directly and severely affected, due to the sharp drop in foreign and domestic travel across both the tourism and business traveler segments, government protocol to close down the service
most businesses were severely impacted in broad scope especially tourism business, which is one of Thailand's primary incomes, accounting for approximately 17 percent of the country's GDP *. The
pandemic. The pandemic severely affects both external and domestic demand in tourism, manufacturing, and exporting sectors, as well as softens private consumption indicators. The outbreak also led to
more severely felt in Q2 2020 and the Thai GDP is expected to contract by about 10% for the Full year 2020. Timely Government interventions to boost the economy are helping in gradual recovery of the
ended 2019 due to net loss. 5. Business Outlook The impact of outbreak of Covid 19 Pandemic was more severely felt in Q2 2020 and the Thai GDP is expected to contract by about 10% for the Full year 2020
expected to severely contract during the outbreak. The export sector has been impacted by declining demand from trading partners and supply chain disruption, while the tourism sector has been impaired by
plunged the global economy into a deep recession. The ASEAN economy, our main market, has been affected more severely due to the prolonged crisis after new waves in Malaysia and the extension of the large
severely affected. The Company is aware of the situation and has been taking actions in an attempt to overcome the difficulties. The Company seeks additional income from other sources to help generate extra
Baht 4,520 million against Baht 8,678 million for same period last year. The Sales quantities and prices were severely impacted by continued weakness in global Steel Industry, significant increase in