outlook for 4Q17 should be positive compared to last year after passing the mourning period and Royal Cremation Ceremony since the end of October 2017. For hotel renovations, the Company already completed
in 20172, mainly due to an ongoing postponement of festivities subsequent to the mourning period over the passing of His Majesty King Bhumibol Adulyadej and the shrinkage of advertising spending in a
overall 2019 growth at 2.4% the lowest in five years. Exports were hit by trade tensions and the appreciation of the Thai baht had a detrimental effect, which fed through to the domestic economy. The
associate med well in t 7. nd others for ile the servic n baht or 86 s success in iaries hit the itutions. hange % 80.3% 31.1% 23.2% 36.4% 90.8% 19.1% 41.6% 90.8% 76.3% 183.9% 45.2% ich invested cted from the
prices as well as the decline in public and private consumption. The tourism industry, especially in the hotel, transportation and restaurant businesses, was hard hit by the impact of COVID-19 outbreak
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prices as well as the decline in public and private consumption. The tourism industry, especially in the hotel, transportation and restaurant businesses, was hard hit by the impact of COVID-19 outbreak
by THB 524 million or 41.0% mainly due to higher demand from each individual country in CLMV. The Company’s sales to Myanmar continued to hit a record high in the quarter. Sales of 3rd party products
Cambodia and Myanmar. The Company’s sales to Myanmar and Cambodia hit a record high in the quarter. Sales of 3rd party products for distribution were THB 475 million, increased by THB 185 million or 63.5
receivables - part of fully received Baht 334 million which decreased 57. 6 % from 2019. This resulted from the COVID-hit clients that have been approved by the Company to delay their payment according to the