gross profit margin of various product groups which are weaker due to the higher production cost per unit from lowest production volume together with the demand decreased and the intense competition. In

mainly due to Nguyen Kim sales dropped, resulted from the intense competition in Vietnam while, DIY business in Thailand (Thai Watsadu) had grown thanks to both existing stores and new stores. The Company

pressure: Albeit weak consumer spending, AIS aims to lead with 5G service emphasizing on superior 5G user experience to capture high value segment and gain revenue market share. Despite intense competition

continued declining due to intense competition in Thailand reflecting falling in revenue from fish feed which dropped by 23.69% comparing to 2017 from lower sales volume of fish feed. Furthermore, revenue

, amounting THB 898.27 million, reduced by THB 217.50 million or 19.49% down from 3Q2016. The revenue from feed segment continued declining in 3Q2017 due to intense competition of feed business in Thailand for

segment continued declining in 2017 due to intense competition of both animal feed and aquatic feed business in Thailand. Moreover, swine business was declined because of recession in swine price in past 2

decreased from 10,164.5 million baht to 9,812.5 million baht, lower from the first six-month of 2018 by 3.5 percent. The declining scheduled passenger revenue was resulted from highly intense competition and

operating revenue of airline business declined by 6.9 percent from highly intense competition which caused the average fare to drop by 5.8 percent. The average passenger load factor was 68.1 percent. The

subsequent growth in the retail market sales volume. On the other hand, the industrial market experience sales volume decline of 12% YoY from intense market competition. As well as in 2018 the Bangchak

flooding in various areas. Also, there was an intense competition in the industrial market. While sales volume of the retail market was slightly lower, consequently due to the seasonal factor which had lower