derived from employee benefit expenses, which increased according to the increasing in number of employees to support the business expansion, pre-operation expenses as the result from the Group continuing

expenses, which increased according to the increasing in number of employees to support the business expansion, pre-operation expenses as the result from the Group continuing expansion and new project

growth from baht appreciation and world-trade sluggish. However, the Thai economy is attributed mainly by number of factors, namely 1.) growth in private consumption continues despite a lower rate of

(NESDB) forecasted Thailand’s economy to expand in the range of 3.50% to 4.50% (Mean 4.00%), lower than the expansion of 4.20% in 2018. A lower projection is mainly resulted from the uncertainty of trade

. The downside was mainly stemmed from the impact of export contraction affected by the global economic slowdown, prolonged US-China trade tension and the Baht appreciation. As for economic outlook in

over the Winter season, and the colder than usual weather condition led to some European refineries postponing their maintenance period from March to Q2/2018. On the other hand, supply-side support came

, totally 8 months. (Unit: Baht million) 2011 2012 2013 Assets Current assets Cash and cash equivalents 2.93 2.91 0.42 Trade accounts receivable 84.59 78.63 85.47 Inventories 70.43 53.23 43.86 Total current

and promotion activities implemented in Q3’19 to support growth of existing brands and new products launches. The Company Q3’19 reported profit for the period was THB 841 million (+5.9% YoY) and the

using a long-term loan; (3) increased trade accounts payable from purchasing more products to support existing retail stores as well the opening of Index Living Mall Chanthaburi; and (4) the increased non

Company’s total SG&A expense level was at 23.2% of sales, slightly higher YoY, mainly due to more marketing and activation programs to support several new product launches during the quarter and the impact of