overall 2019 growth at 2.4% the lowest in five years. Exports were hit by trade tensions and the appreciation of the Thai baht had a detrimental effect, which fed through to the domestic economy. The
private consumption and total investment were constantly expanding. However, Thai economy still faces external risk such as U.S. monetary and trade policy and global economic uncertainty. As of August 31
slowed down. In addition, Thai economy still faces external risk such as trade war between US and China and global economic uncertainty. As of August 31, 2019, the Company’s total cards reached 8.75
remained in the doldrums during the second quarter of 2019. The inconclusive US-China trade negotiations, which showed no sign of ending, exacerbated the lackluster global trade and investment environment
communicated to related staff members. Revised Trade Competition Supervisory Measures On July 7, 2017, the Trade Competition Act, B.E. 2560 (2017) was promulgated in the Government Gazette, repealing the Trade
early 2018. - OSP energy drink market share was at 54%. Q4’18 M150 market share was at 37.9% increase by 90bps QOQ. C-Vitt took over leadership position in functional drink market, with Q4’18 market share
% Share of profit of associates and joint ventures (6) 0.0% 119 0.2% (125) (105.2%) Profit (loss) before finance cost and tax expense (2,569) -6.2% 2,668 5.1% (5,236) (196.3%) Finance costs 790 1.9% 292 0.6
, however, the subsidiaries have not yet started their operations. (8) Share of profit (loss) from investment in associated company and joint ventures In 2017 , the Company recognized the loss sharing from
rate decelerated in accordance with the global economic growth which was affected by the trade war between the United States and China, together with the appreciation of the Thai Baht as one of the
maintenance and higher fuel costs. We are confident that the operational improvements made will allow us to grow sustainably in the final quarter of 2017 and into 2018.” 2. Outlook With a pickup in global trade