due to the decrease in the high volume tourists from China and from the smoke pollution crisis in Chiangmai province during the beginning of 2019. Selling and Administrative Expenses In 2019, selling

rate decelerated in accordance with the global economic growth which was affected by the trade war between the United States and China, together with the appreciation of the Thai Baht as one of the

61.54% compared to 2018. This is mainly due to the decrease in the high volume tourists from China and from the smoke pollution crisis in Chiangmai province during the beginning of 2019. Selling and

world’s leading real estate developer that has a long history of success and business experience over 60 years in Asia and many country in the world such as Japan, China, Hong Kong, Vietnam, USA and

units in 2018. Export volume dropped by 7.59% to 1,054,103 units, compared to 1,140,640 units in 2018 due to the trade war between China and USA that put pressure on the overall global economy and trade

ฮ่องกงแห่งสาธารณรัฐประชาชนจีนและไทย (Mutual Recognition of Funds between Hong Kong Special Administrative Region of the People's Republic of China and Thailand (HK-TH MRF)) “หน่วยของโครงการจดัการลงทุน

support of investment and private spending as well as bolstering opportunities for other economic sectors. Nonetheless, protectionism triggered by the US-China trade dispute dealt a blow to global economic

Electronics (China) Co., Ltd. จ านวน 3 รายการขา้งตน้เท่ากบั 710,224 เหรียญสหรัฐฯ (หรือประมาณ 22,355,507.78 บาท) คิดเป็นร้อยละ 0.13 ของ NTA ณ วนัท่ี 31 มีนาคม 2562 รวมขนาดรายการส าหรับรายการระหว่างกันหกเดือนย้อน

7,506,011 9,615,291 8,840,030 32,630,523 7,483,324 (Excl.CHINA) VOLUME-SQFT 515,947 576,325 720,060 651,767 2,464,099 567,976 10.08 (12.86) CHINA SALES-USD 10,884,792 12,080,700 11,274,700 10,266,997

between the U.S. and China caused lower global trade volume. The tourism sector also expanded at a slower rate mainly from Chinese tourists. The domestic demand grew at a slower rate resulted from private