positively, private consumption remained robust through amid still- weak inflation. On 10th July, a new cabinet was formed that should largely see policy continuation; however, given the coalition’s slim
product portfolio. MACO is now also exploring potential opportunities to expand our network to neighboring countries in Southeast Asian. We are responding to robust economic growth in the region and the
, total investment, and a robust export growth. As of May 31, 2018, the Company’s total cards reached 8.24 million cards (including 2.52 million credit cards and 5.72 million member cards), net increasing
sector the Thai economy continues to outperform with Q2 growth at 4.6% slightly below Q1 but remaining strong. Private consumption growth was robust in July and August, supported by higher consumer
/DB) was as well widened, affecting crude cost to adjust upwards. From the rise in average crude oil price during this quarter there was an inventory gain of THB 450 million, and a gain from oil hedging
be cautious upon 1) Crude oil and commodity prices trend - recovering trend will aid Thailand's inflation to rise which in turn will result in rise of farm income and ease Thai Baht appreciation via
at THB 12,894 mn, an increase of 2.1% YoY. The rate of increase is lower than the growth in revenue from rent and services, courtesy of effective utility cost management. The rise in cost comes from
% YoY. The rise in cost comes from the following factors. • Utility costs, a major component (accounts for approximately 30% of cost of rent and services) for shopping mall operations, increased from the
at THB 6,717 mn, an increase of 7.3% YoY). The rise in cost is higher than the increase in revenue and comes from the following factors. • Utility costs, a major component (accounts for approximately