realized in June and the rest will be realized in July 2018, with the purpose to raise brand image among the new generations in alignment to the Group’s vision of “World Class Product, World Class Brand
alignment with the corresponding International Financial Reporting Standards. The adoption of these standards collectively affected the consolidated financial statements of the Company by increasing total
, top management, management and employees are appropriately defined and assigned. 4. The organization demonstrates its commitment to attract, develop and retain competent individuals in alignment with
large corporates continued to expand but by less than expected due to greater competition. Demand for loans from the consumer sector increased from housing and auto-leasing, while credit card and other
previous year. The profitability of methyl ester was pressured by stiffen competition with increasing supply in Thailand. Additionally, the declining of palm oil price and the falling global glycerine price
consuming in limit quantity. The situation of competition had even more intensity, day by day, and it had the competitors occurred in the market continuously. Although the Company had the promotion activities
below-the-expectation sales in other product categories due to the strong competition and becoming another stable sources of revenue in the future. - Translation - Page 6 of 11 Gross profits margin by
highly intense competition which caused the average fare to drop by 6.3 percent, particularly in Indochina routes. The average passenger load factor was 68.5 percent, decreased from 69.2 percent. Passenger
the Company’s expectation given the intense competition in certain areas, such as Nakhon Ratchasima. Although rental rate escalations were affected and discount rates were higher in certain locations
competition particularly in domestic sectors which caused overall number of passenger, passenger yield and average fare dropped by 1.9 percent, 1.6 percent and 2.8 percent respectively. The Company reported net