. 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

representing funds set aside by the organization as assets to pay for anticipated future losses. For banks, a general provision is considered to be supplementary capital under the first Basel Accord. Real estate

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

increased to 1,016 thousand tons, up by 5% year- on-year, with operating rates at 85%, following the gradual ramp up of the expanded PTA capacity in Rotterdam, higher IPA volumes and normalized production at

lower current account 2) Central bank monetary policy - gradual tightening of monetary policy could help ease pressure on Thai Baht. However, over- tightening could lead to rise in Thai money market rates