services with better differentiation, development of strong sales channels within the country and overseas, establishing fair and competitive selling prices, as well as producing advertising media that are
driven by the TFRS 16 – Lease implementation. Company’s financial position was still strong with the D/E ratio including and excluding TFRS 16 – Lease effect of 2.84 and 1.10 times, respectively which it
significant improvement of 26.9%, following higher rental spaces and improved occupancy rates. • Strong growth from overseas sales was supported by 2 new franchise stores in Vietnam, growth from OEM and trading
global fund manager signed the memorandum of understanding for investment as the business partner in potential enhancing and unlimit worldwide investment opportunities with the strong expertise in multi
household. Although the deterioration in credit quality of commercial bank loans affected profitability, but Thai commercial banking system’s remained strong as banks continued to closely monitor credit
quarter of 2018 continued to improve. Export performance remained strong, with 12.3 percent year-on-year expansion. Tourism also continued to perform well despite the end of the high season, as tourist
and businesses with strong growth potential. Demand for loans from SMEs has slowed down and is concentrated in some areas, particularly Bangkok; while in the provinces demand is relatively stable