remained intense both on pricing and aggressive customer acquisition. Operators continued to offer steep half-price discounts to prevent churn of customers, as well as to attract new customers. In addition
mainly due to Nguyen Kim sales dropped, resulted from the intense competition in Vietnam while, DIY business in Thailand (Thai Watsadu) had grown thanks to both existing stores and new stores. The Company
sharp drop in tourist SIM while postpaid acquisition and handset subsidy slowed down from temporary shop closure, resulted in slower net add. With intense competition in prepaid and reintroduction of
operators and new comers resulting in continually intense competition in restaurant business. Cost of Sales and Gross Profit Cost of sales in 2017 totaled Baht 899.62 million, dropped Baht 100.62 million or
sales declined by 9.7% due to intense marketing competition led by strong Thai Baht. Domestic sales portion ended up at 24.9% and export sales at 75.1%. The Company reported gain from foreign exchange
continued declining due to intense competition in Thailand reflecting falling in revenue from fish feed which dropped by 23.69% comparing to 2017 from lower sales volume of fish feed. Furthermore, revenue
30.93 Investment in Associates 2,126.56 14.20 2,448.75 15.15 2,671.77 15.39 Grandparent Chickens 98.82 0.66 121.18 0.75 110.83 0.64 Parent Chickens 386.89 2.58 406.78 2.52 366.22 2.11 Investment Property
, amounting THB 898.27 million, reduced by THB 217.50 million or 19.49% down from 3Q2016. The revenue from feed segment continued declining in 3Q2017 due to intense competition of feed business in Thailand for
no condition or limitation that be related to the Company’s dividend. 10. Opinion of the Board of Director Agreed to approve the Company to buy the land for investment as mentioned above as the price