the decline. Exports, in particular, shrank in line with signs of global economic weakness and anxiety surrounding the trade spat between the US and its major trade partners. Moreover, private

recovering consistently since the beginning of 2018, reporting 4.0% growth in 20181. Once again, Out-of-Home (OOH) and online advertising, in particular reported rigorous growth of 23.0% and 21.0

47.7% in 2019 due to (1) the cost of food and beverages of new brands, in particular Khiang, requiring promotional discounts to increase traffic and create brand awareness during the initial opening

%) 5,757 5,117 (11.1%) Note (1) Based on the weighted average number of keys for the year. In particular, the Company added 19 newly built pool villas to Santiburi Koh Samui in May 2018, thereby increasing

% 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

uses of network services; (4) verify the identity of users in networks, in particular, if the dynamic IP address is used. 5.2 User Access Management Objective: To ensure authorized user access and to

and unemployment problem as improve from the government measure, such as ameliorate cost of living. In particular, the adjustment to the minimum wage in past. As a result in the year 2018, the Group has

18.5%, resulting from overseas subsidiaries’ higher loss from operations i.e. ICUK in particular and higher shareholding percentage that increased from 51.0% to 84.3% since January 2018. - Translation

will continue to focus on improving the operational performance of our assets. Of particular focus will be Vienna House where we will continue to monitor currency fluctuations and take appropriate steps

i.e. ICUK in particular and higher shareholding percentage that increased from 51.0% to 84.3% since January 2018. For 1H/2018, Group’s net profit amounted to THB 288 million, decreased by THB 162