performance and franchise model concept, it affects with significant drop of the business valuation of the subsidiary company due to the recoverable amount is lower than the carrying amount. In 2019, the
proportion of approximately 37:63, respectively. The overseas sales of branded products by own manufacture grew by 30.0% offsetting the drop of 1.0% in the domestics. According to the Nielsen’s final sales
suspended, resulting in a drop in Out-of-Home media audiences. Advertising business revenue contributed 28.1% of total revenue or THB 144mn decreased by 45.0% YoY. The decline was mainly from the
. Advertising business revenue contributed 35.3% of total revenue or THB 179mn, decreasing by 56.8% YoY. The decline is a result of the aforementioned COVID-19 crisis, which has caused a considerable drop in
revenue to the Company in 1Q19, 35% drop from 1Q18 due mainly to the reduce of revenue from construction service. Page 6 of 7 Management Discussion and Analysis 1Q2019 Revenue from sales of goods Revenue
service and project management service, generated THB 84m revenue to the Company in 2Q19, 33% drop from 2Q18 due mainly to the decrease in revenue from construction service. Revenue from sales of goods
announced in the late of March 2020. Gross Profit and Gross Profit Margin • The Company’s gross profit in Q1/2020 were THB 137 million which decreased by 27% from Q1/2019 corresponding to the drop in total
quarter, the weaker performance was a consequence of highly intense competition which caused the average fare to drop by 3.6 percent and passenger yield per RPK to decrease by 2.3 percent compared with the
performance was a consequence of highly intense competition which caused the average fare to drop by 3.6 percent and passenger yield per RPK to decrease by 2.3 percent compared with the same period last year
alcohols business recorded sales revenue of THB 827 million in 3Q/2019, a decrease of 38% from 3Q/2018 mainly due to natural fatty alcohols price drop following crude palm kernel oil price softness, and the