contraction of exports and a slowdown in private investment. Even though private spending continued to expand, growth was concentrated in only certain product categories. Meanwhile, hefty household debt put a

the TV sector and traditional media have been in decline and is expected to be surpassed by OOH media (Outdoor, Transit and In- store media) and digital/online spending in the near future. Master Ad

, decreasing 6.9% YoY but increasing 12% QoQ, mainly from the movement in handset campaigns and higher advertising spending to increase customer awareness in the quarter. Marketing expenses to total revenue was

which attributable to a decrease from accounts receivable; 2) Cash flow spending for investing activities of THB 738 million , which was spent on obtaining PP&E for THB 797 million, mainly due to

, following the slowdown in domestic consumption as well as customers’ cautiousness in spending resulted from lower consumers’ confidence which reflected in sluggish spending in fast moving consumer goods (FMCG

ICUK aligning to the spending control scheme in order to achieve an acceptable return on sales, and a reduction in sponsorship fees to support an international football club in parallel to the terms and

a decline in deposits with financial institutions of THB 300 million and cash spending for PP&E and intangible assets of THB 84 million mainly from investment in refined glycerine project 2 and

, and supply chain efficiencies. Selling and administrative expenses (SG&A) level of spending was at 23.0% of sales, in accordance with the phasing of advertising and promotion activities implemented to

supporting factors – phase six lockdown easing and government budget spending. Nevertheless, time to retrace is viewed challenging to predict. Due to lockdown measure, Singha Estate Public Company Limited

handset sale. However, overall consumer spending remained weak and AIS continued to exercise cost measures to minimize effect from slowdown in revenue. Mobile competition slightly improved Amidst weak