SENX SEN X PUBLIC COMPANY LIMITED Filing FinancialStatement 56-1 56-2 Ranking SENA SENADEVELOPMENT PUBLIC COMPANY LIMITED Filing FinancialStatement 56-1 56-2 Ranking SSP SERMSANG POWER CORPORATION PUBLIC

%, respectively, whereas, print media continues its multi-year decline, down 25.0%. The advertising spending in TV improved by 3.0% in 20182. Such positive trends in OOH and online have been fueled by lifestyle

expected to decline as a percentage of revenue as Saraburi Quicklime synergies continue to contribute. We have recently aligned the compensation structures and extended the management incentive plan in order

million (or -0.9% YoY), mainly due to a decline in OEM-personal care. However, the confectionery showed strong sales growth, led by Botan and Olé, particularly with new products launches, Olé Boost and Olé

during the renovation of its Street Furniture & Digital media, which led to a decline in overall revenue in this segment. In this year, the revenue contribution was divided into 1) Domestic Advertising

ratio to sales of 16.5%, an increase from the ratio of 6.7%, mainly due to the increase in sales and overall gross profit margin and the decline in selling and admin expenses as a results of strict

THB 1,482 million, decreased by THB 4 million (or -0.3% YoY), mainly due to a decline in OEM-personal care (for 4Q’19, others segment recorded at THB 431 million, an increase of 1.2% YoY). However, the

in quarter 2/2017 as the company was able to increase sales to some customers in spite of the decline in market demand from the lower biodiesel mandate being B5 and B7 in this quarter compared to the

of 31% YoY. This represented gross profit margin of 27.6%, a decline from 31.6% in Q2/2016 as a result of higher cost per unit due to lower utilization as well as lower sales proportion in Branded

% going forward and the ratio should gradually decline as a result of cost synergies in through restructuring, in particular in digital operations. In light of tangible improvement in gross profit, VGI