previous year have ended and the competition has intensified in the stainless pipe product. As a result, sales and gross margin declined in the current quarter. While administrative expenses have increased
, rose by 86% compared to 1Q2019, resulting to EBITDA of THB 345 million, improved from prior year by 145% mainly from profitability improvement of methyl ester driven by lessen competition in product
previous quarter. It declined -2.6% YoY as a result of price competition that remained earlier in the quarter before market pricing alignment in March. However, the YoY ARPU reduction was lower compared to
from the rainy season in 3Q but continued to benefit from increasing tourism-related usage and efforts to uplift the ARPU. The competition stabilized since the beginning of the year while operators are
Page 2 Management Discussion and Analysis 1. Power Industry and Competition 1.1 Electricity industry and Economic situation in Thailand Thailand’s economy expanded by 2.4 percent in 2019, lower than 2018
flooding in various areas. Also, there was an intense competition in the industrial market. While sales volume of the retail market was slightly lower, consequently due to the seasonal factor which had lower
some periods in the quarter, the retail price was incongruous with the product cost. As for the industrial marketing, it dipped from intense market competition. Power Plant Business Group recorded
Contents Page Executive Summary A 1. Overview of Operating Environment 1 1.1 Global and Thai Economy in the Second Quarter of 2017 1 1.2 Banking Industry and Competition 2 1.3 Regulatory Changes 3 2. Risk
. Nonetheless, the business sector remained challenged by new modes of competition, the broader marketplace amid the advancing digital age, regulatory changes, the rapid pace of technological advancement and fast
competition causing average fare to drop by 4.9 percent, specifically in Indochina routes. This was a consequence of rising number of service providers on similar routes/destinations. The average passenger load