has the exclusive rights to install and manage 188 advertising panels under 23 BTS stations from Bangkok Mass Transit System Public Company Limited and (2) advertising under flyovers in which the

million or 100%. Due to revenue from selling of products through digital TV channel and online of indirect subsidiary increased.  Revenue from tourism business increased by 13.27 million or 100%. Due to

combination of the weak global economy and strong baht capped tourism and spending. In response to a slowdown in tourism, visa fee waivers were extended twice to end on April 30, 2020. Headline inflation

2017 continued to recover with exports and tourism as the main drivers. Exports grew by 12.5 percent from the same period last year across almost all products and markets, with the benefits now flowing

growth; 2.) slow pace of growth in tourism sector which supported by number of tourists from India, Japan, Hong Kong and Malaysia offset an unrecovered of Chinese tourists; and 3.) government subsidy to

attributed mainly by number of factors, namely 1.) Growth in Tourism sector from visa-on-arrival measure and Hong Kong disturbance which reflects an increasing in tourists 2.) Government spending for

2. Related Parties and Relationship with the Company MBK Hotels and Tourism Company Limited (“MBK-HT”) An indirect subsidiary with MBK Public Company Limited (“MBK”), with 99.99% 3. Details of the

:  Revenue from sale of goods increased of Baht 193.71 million by 100%. Due to revenue from sale of goods through digital TV channel and online of indirect subsidiary increased.  Revenue from tourism business

last year.  Revenue from sale of goods and tourism business increased by 100% mainly increased due to sale products business through digital TV channel and online and tourism business of indirect

.  Revenue from tourism business increased of Baht 22.63 million by 100%. Due to revenue from tourism of indirect subsidiary increased. 2. Costs and expenses for the nine-month of 2020 was Baht 703.01 million