maintained its growth momentum. Similarly, Thailand’s major economic indicators continued to exhibit growth, as evidenced by brighter exports, government spending and private spending on certain items of
yield and lighter weight bottle capability. SG&A level of spending was at 22.3% of sales, in accordance with the phasing of advertising and promotion activities implemented to support growth of existing
customers, has been pressured by high household debt. Therefore, spending expenses are carefully controlled. Notwithstanding, the entrepreneurs in retail industry have to adjust themselves to increase the
overall economic conditions have dampened consumers’ spending, despite a spate of government stimulus measures such as the state welfare card and the ‘Eat, Shop and Spend’ project in the second half of 2019
declined by c.5% YoY, resulted from the contraction in domestic fruit juice market following the slowdown domestic spending Domestic Contract Manufacturing (CMG) sales increased by c.80% YoY support by
linked to tourism and the export sector. In contrast, consumer spending in some provinces linked to the agricultural sector continued to decelerate in line with lower farm income due to the low price of
areas with a high risk of COVID-19 transmission and limiting travel. Moreover, the government has introduced various stimulus measures and programs to boost spending, such as Co-Pay, the ‘Let’s Travel
services of THB 0.48 million, decreased by THB 0.10 million or -17.08% YoY as clients in property development sector cut their media spending due to the situation of Coronavirus disease 2019 (COVID-19
64.44% in 1Q2021 due to the increase in both cloud service costs and employee-related costs to support new projects in the future. Services income from online advertising for products and services In
. Although the Company closed Boonterm kiosk system for improving its efficiency to support new business and service in the future. Moreover, in 2Q19, mobile operators closed their service system on the kiosk