year 2019. The loan receivables outstanding balance stood at 3,678 million Baht or a decline by 8.8% from the ending of 2018. The Company is very cautious to lending consumers. Moreover, the Company
%. Another significant impact toward real estate business was the Bank of Thailand housing loan control measure (Loan-to-Value: LTV). The measure had direct effect on the consumers’ purchasing power. However
incomes and consumption since quarter 1/2020, the situation was moving without ending limited, consequence, consumers had changed behavior to spend more carefully and on necessary consumption, moreover they
low spending season causing consumers slow down their spending. However, the Company have new services - spray service to spraying chemicals into a fine mist size of 10-50 microns, called name “Virus
revenue in 3Q19 was Baht 222.89 million, decreased by 4.55% YOY as a result of economy slowdown, and low spending season causing consumers slow down their spending. However, the Company has continued to
of 2019. Exports, tourism and private investment – among major economic activities – were hampered by the worse-than-expected global economic slowdown. Meanwhile, consumers’ purchasing power weakened
burn drinks that contain fibersol, L-carnitine and vitamin B. These new launches have represented Osotspa’s start-up spirits, for the products to be tested and tried by target consumers. We have
possessed 22.6% volume share, ranked the 2nd largest among energy drink brands in Thailand according to the Nielsen’s final sales data to consumers. For the domestics, nonetheless, the Company still places
and Din’s, both of which received favorable responses from consumers. However, over the course of 2019, the economic situation and consumer confidence continuously worsened and this negatively impacted
products suitable for Thai consumers in Thailand. In general, the personal care business has a higher profitability than the beverage business. Therefore, the new business is expected to improve the