contraction was -3% vs Q1 2019. This will be much worse in Q2 with a double-digit contraction, and on annualized basis, the IMF forecast for Thailand is now -6.5% in FY 2020 with a bounce back expected in 2021

trend development was more than offset by the continued positive growth sentiment of advertising spending in November and December 2017, driven by the economic rebound in exports, tourism and automotive

like Hygiene fibers and Lifestyle, where as some are high performance like Mobility though linked to global GDP and auto manufacturing. We have seen good rebound in our fibers business in the early part

Awards from International Business Magazine In the Annual General Meeting (AGM) on 1 April 2019, the investment in the Energy Recovery Unit Project (“ERU”) has been approved by more than 75% of the vote of

items of durable goods. The Thai GDP in this quarter posted its over-year growth of 3.7 percent, higher than the 3.3 percent in the first quarter. However, the economic rebound during the second half of

to the consolidated financial results of Golden Lime. 2. Outlook The global Covid-19 pandemic will affect the Thai GDP negatively by 6-8% this year as of BOT projections, while in FY 2021 with a bounce

less accommodative in their monetary policies. Looking forward, global interest rates are therefore likely to be on an upward trend. Amid the trade rift which may make the global economic recovery

is expected to be around 1-2% to the full-year performance, which has already been factored into our full-year forecast. We expect that the advertising segment will rebound after the mourning period as

expenses until the end of Q3/2020 since retail traffic does not rebound to the pre-pandemic level. At the same time, the Company has also saved administrative expenses from offering head-office employee to

ITGC controls to assess • IT entity level control • Application Development & Change management • Information security • Backup and recovery • Third-party IT providers (Singleton, 2010) 9 ITGC audit