. Because the business has more intense competition as a result the unit price to decrease and the baht appreciation and also has an effect from the increased cost-to-income ratio. SG&A SG&A of the Company

political clarity from elections. Resulting in a slowdown in investment from the private sector and the public sector, there is intense competition from the domestic market. Increasing product costs due to

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

the same period of the previous year by 3.83 million Baht and 12.38 million Baht respectively, due to the lower sales caused by the depreciation of Thai Baht and intense competitive situation in foreign

of 33.5% year on year, reflecting intense competition in the industry. As Bake Cheese Tart (Thailand) Company Limited runs under franchise business, which has rigid restrictions from the franchisor in

. Fixed broadband saw strong demand of work- from- home, although, price competition remained intense with the broadband package starting from as low as Bt299 and pressured ARPU. Deploy 2600MHz to launch 5G

example is climate change risk and opportunity. The Ceres-led Carbon Asset Risk Initiative is posing tough questions to fossil fuel–based energy majors about their risk scenarios, and plans to devote new

of the Thai baht and the intense competition which caused the exports to shrink from the previous year. Domestic consumption was also affected by high living expenses and household debt, as well as the

to be a tough year for KCE. The Company experienced a number of challenges, such as the slowdown in the world automotive market that caused a delayed startup of new projects in the current year

operators and new comers resulting in continually intense competition in restaurant business. Cost of Sales and Gross Profit Cost of sales in 2017 totaled Baht 899.62 million, dropped Baht 100.62 million or