the Vietnam market – the fastest growing country in Southeast Asia. Within the domestic market, MACO has strengthen its media portfolio by integrating media operations in Thailand with Plan B Media

exports to reduce from the previous year. Furthermore, the sale of goods to foreign countries has been affected by the continuous appreciation of the Thai baht. Domestic consumption trend continues to

of the Thai baht and the intense competition which caused the exports to shrink from the previous year. Domestic consumption was also affected by high living expenses and household debt, as well as the

1,575 derivative Share of profit (loss) from Joint Venture - (1) n.a. Loss on recognition of other comprehensive (22) - n.a. Income resulting from change in status of investment Loss from measurement of

export market (Government to Government) and domestic market and also selling price adjustment to trade, regarding to raw material cost increase. • Total expenses increase 61% are mainly reflected by

amount consisted of domestic and overseas sales at the proportion of approximately 40:60, respectively. The overseas sales of branded products by own manufacture grew by 27.0% offsetting the drop of 1.7

discharged the executive or personnel responsible for the cause of prohibited characteristics of the applicant. 4.6 Having not deliberately concealed the financial status or the operating result during the

/ Drinking Water, 3-in-1 Coffee and RTD Coffee Sales of branded products by own manufacture were THB 3,414 million, up by THB 487 million or 16.6%. The amount consisted of domestic and overseas sales at the

increased 31% are results of volume impact in domestic market and also selling price adjustment to trade, regarding to raw material cost increase. ⚫ Total expenses increase 30% are mainly reflected by

caused, revenue from sales of domestic and export decreased about 12% and 18% respectively. Analysis of Profit (Loss) of company and its subsidiaries In 2018, the company and its subsidiaries have loss for