popularity of grilled buffet and café-style restaurants. Although the economic slowdown and severe competition in the restaurant industry resulted in the decrease of same store sales, the Group focused efforts

causing higher inflation, as well as slowdown in Thai and global economy, impacting purchasing power of domestic consumers. Nonetheless, the Corporate Group still adheres to its strategy, namely “Complete

slowdown, 4/11 which result in a decline in ad spending on print media. However, the Company has adjusted strategic and business model to cope with such effects. The Company views that Bangna assets are no

orders for several projects e. g. installation project of treatment for waste and infected waste, project of capacity expansion for water supply, etc. This is resulted from the slowdown of economic

million Baht. Real estate revenue was lower than last year. Customers have postponed their decision to buy property due to the slowdown of domestic economy. Cost of goods for year 2017 was lower than last

operation for several consecutive years. Causes are from change in media consumption behavior from print media to online media and overall economic slowdown, which result in a decline in ad spending on print

previous year, which decreased by 16.3 percent. The sales volume has decreased following the economic and export slowdown and the selling price has decreased in accordance with the intensive competition in

marketing campaigns offset by increased staff cost but decreasing -4.9% QoQ following a slowdown in marketing activities. • Marketing expenses were Bt1,491mn, decreasing -9.2% YoY and -14% QoQ impacted by

slowdown in the global economy. Global recession is foreseen to be a key to slow down the growth in Thai economic recovery, private consumption, and purchasing powers particularly in low-mid income segment

magnified the slowdown in the global economy. Global recession is foreseen to be a key to slow down the growth in Thai economic recovery, private consumption, and purchasing powers particularly in low-mid