softening in their gross margins rates. The overall average selling prices decreased from the previous year, following the decline of global raw material prices with baht also weakened in the current period

the street, in office buildings and in shopping malls. These changes have resulted in the significant growth of outdoor and online advertising and the decline of traditional media, as brands and clients

decline, QoQ. Interest-bearing debt to equity ratio was to 1.21 which increased from 2Q18, mainly from a decrease of shareholders’ equity from interim dividend payment Bt234mn and Interest-bearing debt

Human Resources will continue in 2019 as we further strengthen the organization, however overall SG&A will decline as Saraburi Quicklime synergies continue to contribute. With the startup of Hua Pha Way

expiry of safeguard on alloy steel, and strengthening of Thai Baht, and the current out break of COVID-19 has led to continuous decline in domestic steel prices from second quarter of 2019 and impacted the

prices as well as the decline in public and private consumption. The tourism industry, especially in the hotel, transportation and restaurant businesses, was hard hit by the impact of COVID-19 outbreak

268.83 million or down by 1.75% resulted from the effects of weaker consumer purchasing power reflecting the decline in same store sales growth of HomePro. For subsidiaries, the same store sales growth of

suspended, resulting in a drop in Out-of-Home media audiences. Advertising business revenue contributed 28.1% of total revenue or THB 144mn decreased by 45.0% YoY. The decline was mainly from the

assets. Total liabilities stood at THB 42,533m while interest bearing debt was THB 29,466m. A decrease of gearing ratio from 1.53x to 1.44x and a decline of net gearing ratio from 1.35x to 1.28x were as a

4Q2019, the overall economy of Thailand is still likely to slow down from both internal and external factors including the decline in agricultural product prices and the lower purchasing power of the