recorded finance costs of Baht 17 million, an increase of 184% YoY due to higher borrowings as a result of gradual investments in machinery, subsidiaries, and joint ventures both in Thailand and overseas

increase of 34% YoY. Administrative expenses to sales increased to 9.6%, an increase from 7.2% in Q4/2016, resulted from higher personnel expenses including additional employment in a new subsidiary, gradual

E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ending September 30, 2019 Thai economic activity in the third quarter of 2019 continued to see limited support, after growing by 2.30 percent in the second quarter. The Thai economy did show some signs of strength in the third quarter, due mostly to the low base effect of the same period last year, especially in the tourism sector. However, exports and private investment – two major e...

gradual impacts of reduced fees on online transactions. Commercial banks will also have to contend with the implementation of the Basel III capital requirements in 2019 and the International Financial

, following the gradual economic growth and the export sector has expanded well from the economic recovery. Beside, company and its subsidiaries recorded the profit sharing to non-controlling interest in a

personnel expenses including additional employment in a newly established subsidiary, gradual improvement of employee benefits as well as higher R&D expenses. All above activities have been prepared for the

were limited to specific areas and types of housings. Trade businesses steadied or slightly expanded following a gradual increase of domestic expenditures. The improvement in economic activities helped

over wholesale sales to cautiously control the overall sales credit in this channel. As a result, sales for the current period decreased slightly by 5.4%. Despite the gradual economic growth and the

. By far, the Company believes that performance of hospitality business will slowly recover. Regarding residential business, the Company has perceived a sign of gradual recovery as number of walk

gradual easing of the lockdown in May, economic activities however are still in contraction in every sector. This is especially true for the tourism sector which suffered the greatest hit from border