assets and sell those that are no longer useful. In doing so expenses will be reduced and cash will be generated to invest in new M&A targets. Further manage down its OPEX to minimize spending
by Baht 94 million or 5.9% from last year, which was 1,591 million. Mainly it was from spending control efficiently due to the success of Brand investment strategy, Moreover, there was a joint
tangible assets in the sectors of real estate and renewable energy. In addition, the Company continuously manages down its OPEX throughout the period to minimize spending
, increase in level of household debt and exceeding supply of the real estate units. The Company has been prepared to cope up with effect of LTV by accelerate spending in sale and promotion activities to
was Baht 0.1 million, decreasing -38.6% YoY as clients in property development sector cut their media spending due to the situation of Coronavirus disease 2019 (COVID-19) outbreak. Gross loss was Baht
increase 10% q-q. As a result of relaxing the lockdown measures, increasing of new spending and launched new products to be in line with digital strategy plan. In addition, the Company has been approved a
the revenue based on the past operating results and taken into account the average growth in spending in the industry. Therefore, the Board of Directors is of the view that the assumption of revenue
, coupled with high excess production capacity, resulted in a contraction in private investment. However, public spending continued to grow from current expenditure through disbursals for public health
weaken. Although the government has policies to help the cost of living of people at the grass-roots level, it focuses on spending of the essential consumer products only. In addition, there was a factor
remains sluggish, resulting in the contraction of advertising expenditures by 11.4% YoY to 26,351mn in the third quarter of 2017. Overall advertising spending was weighed down by TV sector (Analogue TV