The commercial banking sector in Thailand continues to face challenges from the business environment and ongoing changes in regulations. However, operating results in the second quarter of 2019 improved
factors and business models. The overall economic growth in 2018 is expected to be 4.5 percent, driven by both domestic and external demand. Nevertheless, the Thai economy continues to face downside risks
is relatively subdued due to the impact of COVID-19. Nevertheless, the Company continues to transfer the completed projects to customers as planned. Newly opened are ESCENT TOWN PHITSANULOK, a townhome
™ is integral to our commitment to contributing to the achievement of the UN 2030 agenda for sustainable development. Project Olympus Our company wide cost and business optimization program continues
%, respectively, whereas, print media continues its multi-year decline, down 25.0%. The advertising spending in TV improved by 3.0% in 20182. Such positive trends in OOH and online have been fueled by lifestyle
due to the 330mTHB term loan used to acquire Saraburi Quicklime as no further long-term liabilities have been added and the older term loan in Golden Lime continues to be paid down. The outstanding long
operation to create better-operating results continuously in the future. Jaymart Group continues the businesses by the joint operations of its subsidiaries and associates, with 6 core business lines, which
expenses did not increase significantly. Management Discussion & Analysis YE 2019 Summary of new products in 2019 Through consistent R&D effort, After You continues to develop both in-store and To-Go menus
debts to financial institutions as well. However, the Company continues to invest in the expansion of DEAN & DELUCA. This could be said that if the Company can transfer the residences of MHNK project to
includes Transit, Outdoor and In-store media with a market share of 12.9%, resiliently increased by 2.6% YoY to THB 3,394mn. OOH media continues to benefit from the structural shift in the media industry