line with the world economy. Many countries trying to stimulate their economies by issuing trade promotion policies to support the export of steel together with encourage to use of local steel products

recovery and well-performing trading partners’ economies. Also, tourism sector robustly expanded, reflected from an increasing number of international tourist arrivals in almost every nationality especially

Economies, which was expected to grow 4.9% in 2018 from 4.7% in 2017. Supported by the positive global outlook, the Company expects to expand hotel management and franchise business to spearhead growth in

the back office. • For the first 9 months (9M) of 2019, net profit was THB 187 million which increased by THB 88 million or 89% from 9M/2018, due to operational efficiency and economies of scale of

growth in comparison to admin expense growth. • In 2019, net profit was THB 237 million which increased by THB 90 million or 61% from 2018, due to operational efficiency and economies of scale of operating

% 13.6%18.7% 13.0% • For the first half (1H) of 2019, net profit was THB 123 million which increased by THB 63 million or 105% from 1H/2018, due to better operation and economies of scale of operating 38

from economies of scale. Moreover, we’ve established a new partnership with a major regional developer under the UBM JV - potentially adding another growth driver to Vienna House. For our residential

forecast. Exports of goods would decline in line with trading partner economies and potential impacts of regional supply chain disruptions.*  However, the Company sees that the lower interest rate also

, resulting in economies of scale. • Gross Profit Margin in Q1/2024 was 66.5%, increased from 63.6% in Q1/2023, mainly due to the increase in revenue. In addition, the Company’s ability to manage cost

billion) of income, an 11.7 percent increase from 2016. The main driver of tourism income was spending by Chinese tourists. Meanwhile, global financial markets experienced occasional volatility amid