economy expanded at a slower pace at 2.4% of GDP as compared to 2018 (reference: Office of the National Economic and Social Development Council). The decline is due to various factors, such as export
drinks in formats of bottle, non-carbonated can, and carbonated can for overseas market was at 32.9% declined from the gross profit margin of 33.6% in the corresponding period last year. Such decline due
negative circumstances resulting in a consistent decline in the Stock Exchange of Thailand Index (SETI) to finally hit the base at 2. SECURITIES BUSINESS LH Financial Group Public Company Limited Management
%, respectively, whereas, print media continues its multi-year decline, down 25.0%. The advertising spending in TV improved by 3.0% in 20182. Such positive trends in OOH and online have been fueled by lifestyle
million (or -0.9% YoY), mainly due to a decline in OEM-personal care. However, the confectionery showed strong sales growth, led by Botan and Olé, particularly with new products launches, Olé Boost and Olé
during the renovation of its Street Furniture & Digital media, which led to a decline in overall revenue in this segment. In this year, the revenue contribution was divided into 1) Domestic Advertising
in the market. As a result, the Company’s cost of raw materials cannot adjust to the market price continuously decline in time. Even though, the government has imposed the urgent measures to absorb
THB 1,482 million, decreased by THB 4 million (or -0.3% YoY), mainly due to a decline in OEM-personal care (for 4Q’19, others segment recorded at THB 431 million, an increase of 1.2% YoY). However, the
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
. Excluding the consolidation of our Outdoor and Digital Services business, our revenue improved organically by 19.8% against a backdrop of double digit decline in overall advertising spending. Despite the