accounts receivable and inventories decreased due to sales and production which contracted considerably. The decrease in overall sales of the company and subsidiaries results in a decrease in the outstanding
Group’s tax base also increased. The Company also recorded a higher tax expense in the separate financial statements this quarter from capital gains from the sale of MACO’s shares, which rose substantially
amounting to THB 6.8bn in media capacity nationwide. OOH media is expected to continue to grow substantially on the back of mass transit line expansion both domestically and internationally, new office
& ANALYSIS 2Q 2018 6 AUG 2018 MANAGEMENT OUTLOOK In this quarter, the Company grew substantially on the back of the full-year consolidation and digitisation of our media platforms. We expect to see continuing
, which substantially due to the decrease in operating revenue of Self- Managed Hotels and Outrigger Hotels, impacted by COVID-19 pandemic. Selling expenses The selling expenses decreased by 17.6% from the
both Thailand and abroad temporarily disrupted several economic activities. The tourism sector substantially declined due to Thailand’s inbound travel restriction measures. Manufacturing productions were
2022, the Thai economy is expected to be on a recovery path despite the uncertainty around the outbreak of a new COVID-19 strain, Omicron, in early Jan-21. With a substantially higher vaccination rate
loss from sale of foreclosed assets and loss from revaluations stood at 45.9% for 3Q17. Bad debts and doubtful accounts and loss on debt restructuring totaled Baht 75 million, declining considerably from
strategy that aims to be a leading operator of the full media business. Also, the investment in GSG will considerably support the Company’s growth of revenue and benefit in the future. Despite the fact that