), as TETSO have started commercial run in late March 2018. Therefore, TETSO has not yet to be recognized for the revenues from operations. Lastly the company was also impacted from the Baht appreciation

lower-than-expected net profit performance was negatively impacted by an expected event in Malaysia, where advertisers cut back their spending due to the country’s sluggish economy during the first half

was thus reduced to 29% in 2019 as compared to 37% in 2018. To regain the market share and reduce imports, the Company had to resort to very competitive pricing which impacted the EBITDA adversely

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

compensation not less than the final rate of 400 days instead of 300 days in which the company had recorded differently in past accumulated expenses impacted income statement Baht 3 million (classified as cost

SITUATION Thailand economic situation in Q4/2019 in Central and Eastern area were contracted compared to the same period of 2018 due to global economic and domestic consumption weak, that were impacted from

increase of domestic production and inventory level of crude palm oil, the government decided to increase the biodiesel mandate from B5 to B7 on May 8, 2017. More than that, seasonal impacted to higher yield

1,359 MB increased from 9M/2016 which was at 885 MB. However, the company’s performance was still impacted from Stock Loss and appreciating Baht currency which resulted in the reported net profit in

, grew by 5.2% YoY, resulting from strong performances of new mall, existing malls, and completely renovated malls. However, the revenues were impacted by the major renovations at CentralWorld and

revenue loss from the Hong Kong Branch is estimated to be minimal since revenue from initial fee will not be impacted and the franchise fee income will continue to be recognized in Q4/2019 after the