from the private sector and the government slowed down. There is intense competition. The cost of goods increases from the labor cost that the company must bear. In the second quarter of 2019, the

-Commerce segment Revenue from e-commerce segment in relation to e-Payment services decreased due mainly to high business competition, especially when commercial banks began big player in offering e-payment

71% E-Commerce segment Revenue from e-commerce segment in relation to e-Payment services decreased due mainly to high business competition, especially when commercial banks began big player in offering

sale 2 decrease 6.16% due to slower than expected recovery in Domestic consumption in addition to increase in domestic competition. 2. Total cost of goods sold amounting to 6,892.49 million Baht was

and fabricators like UEC. This is effect to small volume for UEC in Q2/2018 and very high competition. Discussion and Analysis of the Company and its subsidiaries Operational Results in Q2/2018 and Q2

same period of the previous year by 4.91 million Baht and 11.47 million Baht respectively, due to the lower sales from the high competition in foreign markets and decreasing purchase orders of our

million Baht and 12.42 million Baht respectively, due to the lower sales from the high competition in foreign markets and decreasing purchase orders of our customers as the world and Thai economic

competition, especially when commercial banks began big player in offering e-payment services to the merchants. In addition, other operators started offered lower rates on settlement services causing some

relation to e-Payment services decreased due mainly to high business competition, especially when commercial banks began big player in offering services to the merchants. In addition, other operators started

export sales volume was dropped including the reduction of selling price. The fluctuation of raw material price and keen competition of selling price affected to the domestic sales whereas the appreciation