declined from the contractions in vehicle sales in line with the weakened household income from lower income, employment and consumer confidence coupled with the already high household debt level

driven by the TFRS 16 – Lease implementation. Company’s financial position was still strong with the D/E ratio including and excluding TFRS 16 – Lease effect of 2.84 and 1.10 times, respectively which it

strong across-the-board growth. The business sector remained challenged by new modes of competition amid the advancing digital age and the rapid pace of technological advancement, together with the

of year 2019 to the level of 300,000 tons, which was due to the lower palm oil output at the end of 2019 and the higher crude palm oil (CPO) demand. It was the result of the government’s measures

at the end of Q4/2019, thus the Company expects gross profit margin from sales to get back to a normal level in Q1/2020. • In Q4/2018, there were one-time reversal expenses of Baht 83.9 million from

and sustainable growth and diversify operating risk concentrated in Thailand. 2. The Company expects that the Transaction would create a strong business partnership where synergies could be achieved in

create a strong business partnership where synergies could be achieved in areas such as technical expertise and product variety, which would help the Company to expand into the Republic of India, Portugal

clearly understands such investment or transaction; (3) give advice to the client with balanced view [i] composing of characteristics, strong points, limitations, returns, and possible risks of risky or

the client clearly understands such investment or transaction; (3) give advice to the client with balanced view [i] composing of characteristics, strong points, limitations, returns, and possible risks

Club “Borussia Dortmund”. With Borussia Dortmund’s strong global brand presence, it will strengthen the Company’s brand image as well as make the airline better known across Asia and Europe. In addition