. The downside was mainly stemmed from the impact of export contraction affected by the global economic slowdown, prolonged US-China trade tension and the Baht appreciation. As for economic outlook in

accelerate their business transformation. Thailand’s economic growth was subdued. Shrinking export growth led to higher unemployment and slower private investment growth, while private consumption was

export destinations and almost all product segments. This was, to some degree, a result of a firmer economic recovery in Thailand’s major trading partners. In addition, a better-than-expected performance

, which was adjusted upward from the 4.3%, due to the stronger growth during 1H/2018. The key drivers were the export and tourism, whereby the local expenditure was driven by household consumption and

from 4.0 percent in 2017. Nominal GDP for the year totaled Baht 16.3 trillion (USD 500 billion). While domestic demand continued to be solid in 2018, the export and tourism sectors weakened in the second

% in 2017 which exceeds the previous forecast at 3.5%, after seeing a continuous growth from export and tourism sectors supporting with the injection from government spending in which collectively lead

which is due to continuous expansion and support from the export and tourism sectors resulting in the increase in private and government spending. While the primary energy consumption in Q2/2018 has

statement. The liability for certification of the accuracy and completeness of information contained in the registration statement is vested in the securities offeror. If the registration statement contains

Financial Position (Baht million) Ending 31 December 2016 (Unit: Million Baht) 2016 2015 Asset 2,175.73 2,613.16 Intangible Assets - - Liability 1,909.09 2,493.93 Non-controlling interest - - Shareholders

liabilities - Overdraft from financial institutions 18.60 246.74 1,019.50 - Trade and other payables 466.92 1,649.54 1,474.36 - Others 0.13 12.81 0.07 Liability 485.65 1,909.09 2,493.93 Shareholders’ equity