% decrease in gross profit versus prior year due to a challenging US retail environment higher food costs, changing product mix and 2017 carry over benefit of $700K from Japan perpetual license deal

Management Discussion and Analysis (MD&A) 2019 Page 1/8 Management Discussion and Analysis (MD&A) 2019 Overview and Factors Affecting Future Performance 2019 was considered a challenging year for the

. Among the challenging issues resulted from https://www.sec.or.th/EN/Pages/News_Detail.aspx?SECID=8859 < > > < > > Previous First 43 44 45 46 ... Last Next

cooperation on AGM assessment and they subsequently made satisfactory outcomes this year. It is very challenging for those excellent companies to maintain their high standards. For those yet to attain the high

1,694.9 1,520.4 Net Profit 2,544.5 3,038.7 -16.3% 2,240.1 +35.7% 17.9% 22.0% 18.0% The year 2017 was another challenging year for KCE when construction of the new Lat Krabang factory was completed, and

record 2018. Disruption in the steel industry has caused volumes to drop year on year at key customers however, these issues are being resolved and with expected fixed asset investment and a new product

coronavirus outbreak, which began at the start of 2020, has had unprecedented impact on the global economy, therefore, this year will be very challenging for all businesses. As for the Thai economy, the Bank of

accidents. Business wise Q3 2019 as in Q2 the macro economy and the competitive landscape remains challenging. The continuing weakness in the steel sector had a significant volume and revenue impact, but we

being the continuous recovery of the tourism sector, the private consumption and the private investment, while the headline inflation rate averaged of only 0.5%. The unemployment rate in 3Q/2023 was

exports improved from the previous quarter continuously. Hence, the NESDB has cut down its growth forecast for the Thai economy in 2024 to the range of 2.2-3.2%, in which the supporting factors still being