branches in order to reach more consumers, but the expansion will be slower and more conservative to align with various uncertain factors such as the economic environment and consumer demand. Instead, the

the environment. In addition, the Company will also continue to refresh its product portfolio including categorizing the current product group, redesigning packaging, and new product development in

various financial instruments suitable with money and capital market environment. On a quarterly basis, CPN reported a 1% QoQ drop in total revenues. This was due to 1) lower revenues from projects under

322.5 Million Baht representing a 3.5% decrease in gross profit versus prior year due to a challenging US retail environment higher food costs, changing product mix and 2017 carry over benefit of $700K

effective use of financial instruments that match the environment of the money and capital markets. Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) 4 of 10 3Q17 Performance

% decrease in gross profit versus prior year due to a challenging US retail environment higher food costs, changing product mix and 2017 carry over benefit of $700K from Japan perpetual license deal

same amount as the lease liability and is depreciated over the contract life on a straight line basis. 2 FY19 MD&A Advanced Info Service Plc. Market and Competitive Environment Overall, mobile market

business strategy to suit the business environment in each area. Therefore believe that the revenue from sales and services will increase continuously including to reduce the cost of sales and services that

environment. The raw material reference prices on the world market are that the HMS 1&2 (80:20 ratio) scrap USA export price of the fourth quarter of 2018 was averaged at USD 303/mt. FOB, decreased from the

cost management is seriously needed in order to cope with the more dynamic business environment. The raw material reference prices on the world market are that the HMS 1&2 (80:20 ratio) scrap USA export