: Quarterly results In Q3/2018, the Company and its subsidiary recorded total sales of Baht 1,205 million, a decrease of 20% YoY, mainly due to the drop in export CMG, domestic CMG, and domestic branded sales
was still in contraction. Tourism sector essentially got greatest hit from border restriction and faced 100% drop in foreign tourist numbers. Bank of Thailand, then, slashed its forecast for Thai
% respectively. The small drop in gross profit of the Company was derived from the slowdown in sales revenue during the year. In addition, gross profit margin slightly decreased as a result of the depreciation
-China trade war and the depreciation of Yuan (CNY) against US dollar. Besides, the extreme fluctuation of crude palm oil price in end of 2019 affected buying sentiment to be drop as buyers waited for the
, plus an effect from a wildfire incidents in the northern of Thailand (Source: Bank of Thailand) Due to the Covid-19 pandemic, Revenue Passenger Kilometer (RPK) started to drop in February and became
still in downturn mainly from the shrink of export and import sectors which were negatively impacted by an economic slowdown of the trading partner countries with a significant drop in domestic
from highly intense competition which caused the average fare drop by 0.1 percent. However, the revenue from airport-related services increased by 6.1 percent from a rising number of flights landed at
, especially in the export sector. Additionally, the unemployment rate improved slightly to 0.92 percent in the first quarter in 2019, compared to 0.93 percent in previous quarter. Moreover, a drop in inflation
marketing plans to better reach existing target customers as well as tap into new customer base. With regard to international sales, the sales revenue experienced a drastic drop of 58.32% compared to the same