contraction was -3% vs Q1 2019. This will be much worse in Q2 with a double-digit contraction, and on annualized basis, the IMF forecast for Thailand is now -6.5% in FY 2020 with a bounce back expected in 2021
to the consolidated financial results of Golden Lime. 2. Outlook The global Covid-19 pandemic will affect the Thai GDP negatively by 6-8% this year as of BOT projections, while in FY 2021 with a bounce
of economic activities. 3Q20 performance; however, would not fully bounce back to the pre-COVID band due to the Company’s spending on marketing activities to promote goods and services of tenants in
2,978 million, 9.0% went up from the same quarter of last year due to the demand and supply in electronic commodity market came back to normal situation in Q1’2019 and 5.3% down from last quarter mainly
manufactured by the Company will have no quality problems in the future. The new preventive measures will also come with traceability, enhancing the ability to trace back the route of the product. The Company is
as well as initiating pancake mix product and new year gift to enhance customer experience. Six flavors of Kakigori, two newly-invented toast, soft cookie, and two fresh beverages were launched
enhance customer convenience and to reduce travelling time to purchase the products. As of March 31, 2021, the Company has over 15 off-site pop-up stores distributing over 8 provinces including Bangkok
provide the digital lending via online platform to enhance the access to financial service 3Q21 MD&A Advanced Info Service Plc. 3Q21 MD&A Advanced Info Service Plc. Market and Competitive Environment The
branded sales continued to grow remarkably by c.60%, while domestic CMG are back on track for growth from recovered sales plus good feedback of the new product. Q3/2017 sales grew 9% QoQ due to recovery