profit is consistent with the increase in the growth of revenue from expansion of business of the company. However, the Gross profit margin has slightly decreased due to cost of program right growth
was 8.8 million (Q3/2016 : 8.2 million), equal to a 6.0% increase YoY. This continuing and sustained tourist arrivals growth is a key enabling factor that supported the growth for the Company’s Hotels
and separately presented under share of gain (loss) from investment in joint venture. Hotel business recorded a revenue growth of 9% YoY due to stronger performance of Phi Phi Village after completion
contraction of the Thai economy. The economic growth inclined to be slower than forecasted which was mainly due to the trade tensions and the weakening of economy worldwide. Particularly, the export sector has
growth of food business. For hotel business, the Company still plans to open the new hotels. However, the hospital industry in Thailand may remain under pressure due to the strong Thai Baht that adversely
to grow slower than forecasted. It was mainly due to the weakening export sector which attributed to the declining demand worldwide, resulting in the stagnant economic growth in several major trading
not result in an increase in consumption to the same extent. Store expansion in the second quarter was in line with plan. The company opened two new stores: one HomePro S store at BigC Bangna in May
the Company and its subsidiaries as follows: Thailand Economic Q3/18 review and outlook Thailand economic in the third quarter of 2018 continued to grow from strong expansion of Thailand’s export sector