hit merchandise exports, and domestic demand. Private consumption indicators indicated the slower expansion in most sectors. Manufacturing production and private investment contracted. Nevertheless
governments and central banks to deliver unprecedented level of fiscal stimulus and highly accommodative monetary policies. As for Asia, we were one of the first to have been hit by the virus and the
higher demand from Cambodia and Myanmar. The Company’s sales to Myanmar and Cambodia hit a record high in 3Q19 and 4Q19 respectively. As to leverage the leading position in Cambodia, carbonated Carabao
Myanmar business. Personal Care Segment Total personal care revenues decreased by 21.9% YoY to THB 539 million. Beauty segments hardly hit by COVID-19 situation. Some categories of baby products also
quarters of 2019, while on the downside we experience increased competitive pressure on our markets. This we plan to overcome with our efficient fixed cost base and continued focus on quality while widening
severely affected. The Company is aware of the situation and has been taking actions in an attempt to overcome the difficulties. The Company seeks additional income from other sources to help generate extra
and overcome challenges arising from delivering processes. At the moment, frozen products are in the focus on R&D team as it is easier to be delivered. In addition to the take-away products, the company
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