; Malaysia dealership business reported a 19.1% growth in revenues driven by higher sales of Honda. However, Thailand dealership business reported a 17.5% decline in revenues due to slower sales caused by

trading accounts, during 12 December 2018 and 25 February 2019, in a different manner from their normal practice, and had avoided losses from a decline in TRC share prices before its 2018 net loss operating

impacts on the bondholders both in cases of approval and decline of approval for the above matters with respective supporting reasons and the opinions of the bondholders’ representative. The bondholders

decline of approval for the above matters with respective supporting reasons and the opinions of the bondholders’ representatives. The bondholders are, therefore, encouraged to thoroughly review the

-durable and semi-durable goods contracted partly from the decline in farm income both in terms of agricultural prices and production. Private investment also expanded by investment in machinery and

due to the decrease in Chinese tourists, there was impact from closed partial hotel’s area for renovation Ibis Styles Chiangmai Hotel in the third quarter of 2019 and the smoke pollution crisis in

16.50% compared to the revenue of 2018, mainly due to the decrease in Chinese tourists, there was impact from closed partial hotel’s area for renovation Ibis Styles Chiangmai Hotel in the third quarter of

Chinese tourists in Chiangmai, competition in market we operate and hotel renovation in Phuket. • Overseas hotels: the revenue increased by THB 13.2 million, or 4% yoy, mostly due to the marketing strategy

rate. The increase of property, plant and equipment was due to the investment in MRI and Hemodialysis Centers and renovation of building at the beginning of this year. Financial Position : Consolidated

temporary closed for renovation and transition of Food business restructuring by transferring Central Kitchen to Oishi Food Service Co., Ltd. to support the business growth. Cost of Sales Total cost of sales