consumers have slowed purchases and prices have risen. Market conditions are highly competitive. Therefore, the cost of sales increased . Profitability has decreased . Yours Sincerely, f~~' Ms. Piyanan

highly competitive. Consumers are changing their purchasing behavior. Yours Sincerely, Ms. Piyanan Suwannaphasri Assistant Managing Director Authorized to sign behalf of the company

to the first half of 2018 to accommodate domestic economic activity, which is on a recovery path. Thailand Economic Growth Sources: Office of the National Economic and Social Development Board and

economic activity, which is on a recovery path. 1.2 Banking Industry and Competition In the second quarter of 2017, commercial banks recorded decreased net profit over-quarter and over-year. The decline

) EY 4 EY EY AQI 3 EY (3:1) 6:1) EY senior manager manager EY staff turnover 27.33%) (20.31%) EY EY career path) succession plan) EY 3.5 (Engagement Performance) EY engagement partner ) EY 2 engagement

fundraisers, a deep pool of ESG investors, a strong awareness of ESG by different stakeholders, a robust mechanism for ESG validation, and a highly regarded and talented pool of human capital.19 The five

1,195.78 Million, decreased Baht 160.44 million or 11.83% when compare to the same period of 2018, due to the decreasing of average selling price as the market steel price decline, also the highly

due largely to major public and private projects delays to Q2/2019 and Q3/2019; - Wholesales/Retails down 6% Y-O-Y mainly from a highly competitive environment and weak consumer spending; - Whilst

Private sectors. Moreover, Wholesales/Retails sales was strongly affected by a flood of highly competitive consumers products from China amid the ongoing China – USA trade war, and the decline in Export

1.50 percent to accommodate the recovery path of domestic activity for the remainder of this year. Thailand Economic Growth Sources: Office of the National Economic and Social Development Board and