of expenditure. Meanwhile, it would be very beneficial if the industry adopts CSR in process to banking business operations. Moreover, banking industry may further some of the SEC projects to promote
% YoY. Nevertheless, Outdoor media - our focus segment- recorded THB 1,525mn in advertising expenditure, an increase of 3.8% QoQ and 11.0% YoY, benefiting from a shift in people’s behavior to spend more
Company Limited S Hotels & Resorts, A Singha Estate Company | www.shotelsresorts.com Page 2 of 8 Discussion of results of operations Consolidated financial statements 9 Months 2018 9 Months 2019 % Change
the previous quarter. The main supporting factors were the return-to-expansion of export goods, private investment as well as a continual expansion of government expenditure. Meanwhile, the new wave of
Business Development, Ministry of Commerce, shall be authorized to make a change of and an addition to wordings in order to comply with the order of the registrar as well as carry out any necessary or
becoming insolvent as a prerequisite. After a debtor has defaulted on credit obligations, he/she may submit a request to the court for proceeding with reorganization. This change provides a greater
from sale. Besides, other income also increased from the revenue of by products, waste and material Information of the 2nd Quarter Consolidated Separate 3 months Change 3 months Change 2017 2016 Amount
Sriracha. On 19 November 2019, the Company increased investment in Dusit Colours Co., Ltd. by 51% resulting the 100% investment. In November 2019, the Company decided to change the objective of investing in
Sriracha. On 19 November 2019, the Company increased investment in Dusit Colours Co., Ltd. by 51% resulting the 100% investment. In November 2019, the Company decided to change the objective of investing in
the amount of USD 9,000,000, or equivalent to THB 310,583,000 (the “1st Loan Portion”). The Company will be able to use the 1st Loan Portion for 2 The said shareholding percentage will change to 58.15