were limited to specific areas and types of housings. Trade businesses steadied or slightly expanded following a gradual increase of domestic expenditures. The improvement in economic activities helped

over wholesale sales to cautiously control the overall sales credit in this channel. As a result, sales for the current period decreased slightly by 5.4%. Despite the gradual economic growth and the

international HRC prices also impacted the margins with gradual improvement witnessed during the quarter.  The reported quarter thus, resulted in reduced Shipment volume and EBITDA loss and Net Loss of THB 228

. By far, the Company believes that performance of hospitality business will slowly recover. Regarding residential business, the Company has perceived a sign of gradual recovery as number of walk

gradual easing of the lockdown in May, economic activities however are still in contraction in every sector. This is especially true for the tourism sector which suffered the greatest hit from border

compensation from NBTC partially covered revenue loss. After gradual lifting of lockdown in late May-20 and economic activity slowly resumed, there were pent-up demand led to rebound in new acquisition and

cloud service. 1H22 Snapshot For 1H22, core service revenue was 66,063 million, an increase of 2.0% YoY, which corresponded with a gradual economic recovery. High competition and rising inflation put

surged in sectors with high capacity utilization rates, such as the automotive and petrochemical sectors. On the other hand, progress in public infrastructure project construction remained gradual

. This is because of the gradual expirations of the BOI certificates, causing the expiration of the tax benefit. . Shares of profit of associates and joint ventures Unit: THB million Financial Performance

quarter of 2018, the Thai economy expanded well, driven by both growth in the foreign sector and gradual improvements in domestic demand. Merchandise exports improved both in terms of export quantity thanks