the lower number of passenger, together with flight management strategy which adjusted number of flight based on travel demand. Personnel Expenses: the expense rose from 2,492.6 million baht to 2,592.2

year ended 31 December, 2018, which the Company believes it is primarily due to the strategy in selling high-value assets and improved economic condition and (ii) The Company cash collected from the

, BAM still believes that our strengths and strategy will keep the company to stay highly competitive in this market. หนา้ 3 3. Regulatory considerations Changes in banking regulations, such as those

expansion strategy is to have nationwide service points for expanding its customer base. LH Financial Group Public Company Limited Management Discussion and Analysis for the Second Quarter ended 30 June 2017

have been opened in HomePro. The bank allied with Home Product Center Public Company Limited to expand branches in all provinces where HomePro located. The bank’s branch expansion strategy is to have

provincial branches have been opened in HomePro. The bank allied with Home Product Center Public Company Limited to expand branches in all provinces where HomePro located. The bank’s branch expansion strategy

been opened in HomePro. The bank allied with Home Product Center Public Company Limited to expand branches in all provinces where HomePro located. The bank’s branch expansion strategy is to have the

การลงทุนของกองทุนหลัก ( Investment 1. กองทนุหลกัผสมผสานกลยทุธใ์นการเลือกลงทนุในตรา อ่ืนๆ 22 WE-TRBOND-A Strategy) สารหนีใ้นสกลุเงินต่างๆ โดยใชก้ารวิเคราะหแ์บบ Top Down ในการพิจารณสภาวะตลาดและปัจจยัพืน้

2017. The decreasing amount resulted from flight management strategy which adjusted number of flight based on travel demand. Aircraft Rental Costs: the aircraft rental costs reported at 1,563.2 million

0.37 0.35 0.32 (0.02) Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 13 of 15 Business Plan CPN has set a 5-year (2019-2023) growth strategy that aims to achieve