in the market. As a result, the Company’s cost of raw materials cannot adjust to the market price continuously decline in time. Even though, the government has imposed the urgent measures to absorb

, private consumption and tourism. Both private and public investments remain largely at stable levels whilst consumer spending is constrained due to high household debt levels, decline in agricultural

rate in 2009 following the Hamburger crisis. The Committee assessed that the Thai economy would expand at a lower rate than previously assessed and lower than its potential due to a decline in exports

million (or -0.9% YoY), mainly due to a decline in OEM-personal care. However, the confectionery showed strong sales growth, led by Botan and Olé, particularly with new products launches, Olé Boost and Olé

THB 1,482 million, decreased by THB 4 million (or -0.3% YoY), mainly due to a decline in OEM-personal care (for 4Q’19, others segment recorded at THB 431 million, an increase of 1.2% YoY). However, the

decline in consumption of Construction Sectors, as well as Steel Sectors. However, the Company still maintains the operation at 15 hours per day in order to keep production capacity at high level and, at

. Excluding the consolidation of our Outdoor and Digital Services business, our revenue improved organically by 19.8% against a backdrop of double digit decline in overall advertising spending. Despite the

the decline in the CPO stock from the level of 400,000 tons in the 3rd quarter of 2020 into the level of 200,000 tons at the end of 3rd quarter of 2021 caused by lower crop in the harvest season and CPO

customer has canceled the order suddenly. Given such circumstances and a decline in crude palm oil price, the Company has encountered a difficulty in managing the inventory turnover and recorded stock loss

and Olé Mini Sugar Free. However, the growth was partly offset by the decline in OEM-personal care. 1H’19 the Company’s gross margin improved to 35.0%, +330bps YoY. Gross profit increased by THB 614