to put pressure on consumers’ mobile spending. Unlike 1Q21, there were no government stimulus campaigns aimed at boosting consumer spending in this quarter. Mobile competition remained aggressive due
, with pressure from the OPEC and Non-OPEC countries led by Russia which jointly agreed to lower production, and additionally by the effects of the new US sanctions on Iran, which obligated Iran to lower
production reduction period by 9 months to the end of December 2018. The market received pressure from the tension in the Middle East due to the conflict between Saudi Arabia and Iran over concerns of war in
being sole distributor in Thailand. Therefore, no obstacle in doing long-term business in the future. ▪ Risks on Consumers’ Behavior Information Memorandum on Acquisition of Assets O.C.C. Public Company
employment and thin income would be a major obstacle for Thai economy in the next phase. For the banking sector in the third quarter of 2020, the commercial bank loans benefited grew from big corporate and
growth of food business. For hotel business, the Company still plans to open the new hotels. However, the hospital industry in Thailand may remain under pressure due to the strong Thai Baht that adversely
growth of food business. For hotel business, the Company still plans to open the new hotels. However, the hospital industry in Thailand may remain under pressure due to the strong Thai Baht that adversely
expectations and every effort will be made to maintain the positive trend we saw since 2018 although the competitive pressure continues to increase. The engineering business was a drag on EBITDA in 2019 however
has been growing steadily due to the continued economic stimulus of the government and the economic pressure in previous year both from domestic and international have been reducing its negative impacts
Bt2,620.0 million was of the investment in expansion of the Northern Multi-Products Fuel Pipeline project and the expansion of the High Pressure Aviation Fuel Pipeline project for BKK phase2 of TARCO - Net