disturbed by sharp decline in Chinese tourists, turned off by series of unfortunate events. The Chinese tourists are one of a key customer of the company. Consequently, domestic sales experienced a 1 6.69

1,249.63 million and THB 729.06 million respectively. This equals to a sharp decline of 41.66% year on year. Domestic sales revenue dropped 43.82% from the same period of the previous year due to an

recorded total sales revenue of THB 733.57 million and THB 384.43 million respectively. This equals to a sharp decline of 47.59% year on year. Domestic sales revenue dropped 46.25% from the same period of

, the Company recorded total sales revenue of THB 983.36 million and THB 557.33 million respectively. This equals to a sharp decline of 4 3.32% year on year. Domestic sales revenue dropped 43.28% from the

sector, with manufacturing and industrial sectors suffering a sharp contraction. In order to mitigate the economic impact, the Government and other institutions have introduced relief measures to help

a lower core EBITDA of US$201M, due to a significant decline in industry margins and spreads across the business. The decline in margins reflects the sharp contraction in industry- wide spreads across

- denominated borrowings from Baht 229 million in 2016 to Baht 1,113 million in 2017 due to an appreciation of the Baht against the U.S. dollar at the ending of each financial statement period causing reduction

weaker from protectionist trade policies between US and China and effect of Baht appreciation, which affected to export sector and industrial sector, especially in electronic components manufacturing

Baht appreciation, affected to production competitiveness that manufacturers made decision to shift production base or import materials from foreign. Similarly, private investment sector and employment

the loss on exchange rate in the 2 nd quarter of 2016 was Baht 762.23 million. The main reason was due to the appreciation of the JPY Currency in the 2 nd quarter of 2016, resulting in loss on exchange