robust Fit Fast Firm project (OSP’s cost saving program), which continued to drive further margin improvement through product formulation optimization, lower key raw material prices, higher supply chain
2018 expanded continuously on the back of robust exports and tourism, which is supported by stronger global economic conditions. Exports and tourist arrivals rose by 9.9 percent and 15.4 percent, from
than 20% sales growth in all brands. Babi Mild growth was mainly driven by the new product launch during the quarter, i.e. Babi Mild Sweet Almond and Organik by Babi Mild ranges. Twelve Plus continued
, including flagship brand M-150, herbal-variant Som In-Sum and functional drinks’ rising star C-Vitt. Personal care segment showed growth of 7.2% YoY mainly from a continued success of Babi Mild, along with
from high last year base from successful launch of Babi Mild White Sakura in October 2017. Supply Chain Services Segment C-Vitt drove the segment growth with its strong Q4’18 revenue increase by 111.2
personal care revenues recorded at THB 678 million, an increase of 0.5% YoY). The growth driver were the continued success of Babi Mild from the momentum of Babi Mild Sweet Almond range launched in Q2’19 and
distributors. Personal Care Segment Total revenues from sales of Personal Care segment decreased by THB 30.3 million (or -4.8% YoY) from higher base last year from strong promotions for Babi Mild and Twelve Plus
growth. Turning crisis into opportunity, OSP promptly responded to health and hygiene trend with hand sanitizer products via OEM operation and own product launches under various brands, namely Babi Mild
and strengthening domestic demand, growth in the ASEAN-5 (Indonesia, Malaysia, the Philippines, Thailand, and Singapore) economies is projected to remain robust at around 5% for the fourth quarter of
. Shareholders’ Equity As of 31 March 2019, the Company held shareholders’ equity of THB 4,998.70 million. The mild increase in shareholders’ equity of 0.32% was mainly derived from rising retained earnings