which are fixed cost still exist and not variable to the income such as animal feed, utilities, water-electricity bill. Therefore, the company has managed to reduce some unnecessary expenses during the

action process to decrease the proportion shareholding in beauty business to reduce the negative impact to the Company. The Company; therefore, has a plan to acquire land and buildings to do the new

more than 1 location. However, the lessor would like to sell land and buildings located on this rental area. The company considers it appropriate to purchase this land with building to reduce the rental

aforementioned impact and economic uncertainties, which led several businesses reduce their advertising spending.  Domestic advertising revenue was THB 97mn, a decrease of 62.9% YoY.  International advertising

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

transferred assets, trailer trucks that SSK has not used effectively, to reduce capital of a group of shareholders, which book value is higher than fair value, resulting in an impairment loss of 1.40 million

to the tourism recovery and private consumptions. In additions, the inflation rate decelerated to 3.9% in this quarter from 5.8% last quarter and the unemployment rate in 1Q/2023 continues to reduce to

had good fund from the IPO proceeds at the end of 2005 and the working capital from deposits redemption at the beginning of 2006. This caused a better working capital management to reduce the cost of

working capital management to reduce the cost of fund. In 2018 GC had a current ratio at 1.43 times, same figures as those of ending 2017 due to the risen of both current assets and current liabilities at

align with business restructuring of MK Group. The objectives were to reduce the business risk and increase revenue from recurring business in the long-term. Real estate business of low- rise housing