7,777 respectively. The changes was primarily due to impact of the economic slowdown, Thai Baht appreciation and competition in Samui market. Outrigger Hotels Indicators 2018 2019 %change Quarter 4/2018
maintained, pricing competition remained challenging with tactical pricing offered to attract new subscriptions. For example, operators offered lower speed than the entry level of 30Mbps at a lower price in
-scale projects have relatively low gross profit margin due to the high competition. Those can be shown from the increased rate of cost of sales and services higher than the increased rate of revenue. In
intense competition in Thailand reflecting falling in revenue from fish feed about 27.52% from lower sales volume of fish feed. However, revenue from shrimp feed rose by 18.41% from 2Q2017 mainly from
3Q2017. The revenue from feed business continued declining due to intense competition in Thailand reflecting falling in revenue from fish feed about 18.42% from lower sales volume of fish feed. However
previous year have ended and the competition has intensified in the stainless pipe product. As a result, sales and gross margin declined in the current quarter. While administrative expenses have increased
legal entity, whether directly or indirectly, in the amount or in aggregation of exceeding fifty percent of the total number of shares with voting right of such legal entity; (9) "parent company" means
right of such legal entity; (9) "parent company" means: (a) a company holding shares of the applicant exceeding fifty percent of the total number of shares with voting right of the applicant; (b) a
Page 2 Management Discussion and Analysis 1. Power Industry and Competition 1.1 Electricity industry and Economic situation in Thailand Thailand’s economy expanded by 2.4 percent in 2019, lower than 2018