the modern trade channels, owning to the dynamics and competitive setting of energy drink market itself as well as relatively high bargaining power of reputable modern trade operators. These altogether
to concrete extensive distribution coverage were challenged, especially in the modern trade channels, owning to the dynamics and competitive setting of energy drink market itself as well as relatively
) % out of total assets (THB mn) % out of total assets Cash and cash equivalents and current investments 203 10.0% 135 7.1% Trade and other receivables 345 17.0% 241 12.6% Building and equipment and
strong and should still gradually result in industry’s ARPU uplift. For fixed broadband, operators have been more competitive in expanding fibre footprint to acquire and retain customers. Therefore
wave of COVID-19, as well as expanding food delivery service points to have higher area coverage • Focusing on increasing pop-up stores instead of establishing new dessert café branch as it requires
unfavorable condition of the Company’s traditional trade channel as the Company appointed a large-sized distributor for the channel since the first quarter of 2018 but later terminated the contract with the
Execution due to Acquisition or Disposal of Assets”. 3.3 The reason of the acquisition This transaction will enable the company to acquire 85.65% of ordinary shares and will be expanding the opportunity to
expanding business, Management Discussion and Analysis of Business Operation for 1Q/2018 Bangchak Corporation Plc. I 4 thus incurring high initial selling, general, and administrative expenses, which led to a
requires high spending. Page 5 4. Financial Position of the Company and its Subsidiaries (Unit: Baht Million) 30 September 2017 31 December 2016 % Change Cash and cash equivalents 37 92 -60% Trade
personal expenses and the depreciation because of the expanding capacity of subsidiaries. Sincerely yours, (Mr.Pongpat Patanavanich) Managing Director