across all businesses and homes. The mobile competition landscape in FY22 remained difficult for most operators maintaining their low-price packages to grow and retain the customer base. AIS executed price

support project in the first quarter of 2019 is more difficult and varied than the previous year which effected higher cost than the first quarter of 2018 6. Cost of goods sold (E-Commerce) Cost of goods

was more difficult and varied than the previous year which effected higher cost. Therefore, the proportion of cost decreasing is less than the proportion of revenue decreasing. 6. Cost of goods sold

new clients in the COVID- 19 situation is quite difficult. The managements and team brainstorm for strategy how to propose work that is suitable for the COVID-19 situation as the alternatives to the

coronavirus outbreak, which began at the start of 2020, has had unprecedented impact on the global economy, therefore, this year will be very challenging for all businesses. As for the Thai economy, the Bank of

from the announcement. Financial structure The Company emphasizes the importance of financial structure management efficiency which should be flexible in difficult circumstances and able to maintain the

uniquely diversified and integrated company in the context of its businesses. The recent acquisition of Glanzstoff’s facilities has also started a new facility in China and allows IVL to present a full menu

will be positive • MEG margins difficult to foresee from their strong levels at present • Corpus Christi expected to be delayed into 2020 • No impact from US ADD considered Asia Necessities 59 80 74

expected credit losses by considering economic conditions in the past, present and future under various assumptions and circumstances. Meanwhile, the impact of the Covid-19 outbreak on the Thai and global

such transaction, as well as to seek an approval for entering into such transaction from the shareholders’ meeting with votes of not less than three-fourth of total number of the shareholders present at