. Private consumption has tended to slow down due to lower income and employment rate, especially in the export sector. In addition, consumers' purchasing power is still affected by high household debt and

strong. Household income in the agricultural sector contracted, both in term of price and output. Meanwhile, non-farm household income remained stable. However, private consumption and export was seen

from the momentum of Babi Mild Sweet Almond range launched in Q2’19, and on top with the new products launches in Q3’19, including Twelve Plus whitening plus roll on and Twelve Plus perfume card. Joint

than 20% sales growth in all brands. Babi Mild growth was mainly driven by the new product launch during the quarter, i.e. Babi Mild Sweet Almond and Organik by Babi Mild ranges. Twelve Plus continued

raw water sales volume from the household customers. The average raw water tariff was at 10.07 Baht per Cu.M., decreased by 0.84 Baht per Cu.M., or 7.71%, due to the rising portion of household

in other countries of canned sweet corn and pouched sweet corn. However, the sale price per unit decreased, the severe price competition in the market and Thai Baht strengthen. As a result revenue from

quarter but may be restrained by vulnerable and highly uncertain household income as well as elevated household debt. These factors are causing customers to be cautious on spending. Moreover, the tourism

temporary suspended. Private consumption contracted as a result of weakening purchasing power and high household debt. Government have implemented financial relief measure to help those affected by the COVID

the full-quarter impact of the COVID-19 pandemic, the unrecovered household consumption, and the decrease of foreign tourists. Gross Profit and Gross Profit Margin • The Company’s gross profit in Q1

continued to expand, it has still been affected by high levels of household debt as well as persistent low prices for agricultural products. The performance of the company in this quarter is still in line