margin of 11.48 percent in the same period the previous year. The lower gross margins were driven by a sharp declining in sales of exhaust pipes in the first quarter due to the suspension of production

highly intense competition which caused the average fare to drop by 6.3 percent, particularly in Indochina routes. The average passenger load factor was 68.5 percent, decreased from 69.2 percent. Passenger

mainly from airport-related services and unallocated revenue which rose by 11.6 percent and 35.0 percent respectively. The revenue from airline business slightly declined by 4.2 percent from highly intense

slightly declined by 4.2 percent from highly intense competition particularly in domestic sectors which caused overall number of passenger, passenger yield and average fare dropped by 1.9 percent, 1.6

revenues from the manufacturing business accounted for only 4.4 - 9.6 percent of the total revenues as a result of a more intense competition, particularly a more variety of imported products with relatively

% down from 1Q2017. The revenue from feed business continued declining due to intense competition of animal feed and aquatic feed in Thailand reflecting falling in revenue from animal feed and fish feed

THB 823 million, reduced by THB 98 million or 10.60% down from 2Q2016. The revenue from feed segment continued declining in 2Q2017 due to intense competition of feed business in Thailand for both animal

intense competition in Thailand reflecting falling in revenue from fish feed about 27.52% from lower sales volume of fish feed. However, revenue from shrimp feed rose by 18.41% from 2Q2017 mainly from

3Q2017. The revenue from feed business continued declining due to intense competition in Thailand reflecting falling in revenue from fish feed about 18.42% from lower sales volume of fish feed. However

gross profit margin of various product groups which are weaker due to the higher production cost per unit from lowest production volume together with the demand decreased and the intense competition. In