from the economic recovery in export, tourism, investment of private sector, and the expansion of government spending, which is a good sign for the Company operation in 2018. Topic Annual Balance Change
. Domestic demand continued to expand from private consumption and public spending, while private investment contracted especially in real estate sector in line with decline in the supply of new real estate
the same period last year. The decline in sales of industrial water systems was due to the special orders of a project contractor in the previous year. In the first quarter of 2018, there was only a
expanded in all categories. The expansion in global and domestic demand reflect to the growth of manufacturing sector. In term of public spending and private investment which strongly growth in all sector
the street, in office buildings and in shopping malls. These changes have resulted in the significant growth of outdoor and online advertising and the decline of traditional media, as brands and clients
-in sales from the pandemic control measures in endemic areas and consumers’ concerns over the situation. However, this was a relatively mild decline due to the company launching promotions to drive
targeted gross profit margin. Regarding branch expansion in the first quarter, the company did not open any new stores. As of the first quarter of 2020, the Company has 84 HomePro stores, 9 HomePro S stores
4Q2019, the overall economy of Thailand is still likely to slow down from both internal and external factors including the decline in agricultural product prices and the lower purchasing power of the
71.9 Allowance for the decline in value of inventory 2.2 0.9 150.6 12.4 3.9 219.9 Selling expenses 49.7 73.7 (32.6) 157.1 216.5 (27.4) Administrative expenses 38.8 38.0 2.1 98.0 142.5 (31.2) Foreign
relation to the Institution relocation to support the business expansion in the future. In FY2019, there was higher loss sharing from Dusit Hospitality Education Philippines Inc due to increase of