the acquisition of shares and the entry into shares purchase agreement, share subscription agreement and any other documents related thereto with TSEO and the power to perform any acts which are
related thereto with TSEO and the power to perform any acts which are necessary and appropriate for the above matter. At present, the Company has reached an agreement with TSEO and enters into share
decline from 31.3 % in Q1/2017 as a result of higher cost of goods sold as earlier explained. 45% 45% 49% 45% 48% 55% 55% 51% 55% 52% 25% 30% 35% 40% 45% 50% 55% 60% Q1/17 Q2/17 Q3/17 Q4/17 Q1/18 Brand
%, respectively, whereas, print media continues its multi-year decline, down 25.0%. The advertising spending in TV improved by 3.0% in 20182. Such positive trends in OOH and online have been fueled by lifestyle
expected to decline as a percentage of revenue as Saraburi Quicklime synergies continue to contribute. We have recently aligned the compensation structures and extended the management incentive plan in order
million (or -0.9% YoY), mainly due to a decline in OEM-personal care. However, the confectionery showed strong sales growth, led by Botan and Olé, particularly with new products launches, Olé Boost and Olé
during the renovation of its Street Furniture & Digital media, which led to a decline in overall revenue in this segment. In this year, the revenue contribution was divided into 1) Domestic Advertising
ratio to sales of 16.5%, an increase from the ratio of 6.7%, mainly due to the increase in sales and overall gross profit margin and the decline in selling and admin expenses as a results of strict
in the market. As a result, the Company’s cost of raw materials cannot adjust to the market price continuously decline in time. Even though, the government has imposed the urgent measures to absorb