rental areas in existing branches and new outlets in the future so that the Company will receive extra income and draw customers’ attention. 95.12% 95.25% 95.64% 4.88% 4.75% 4.36% 2Q17 1Q18 2Q18 Sales

of December 31, 2019 The consolidated total assets as of 31 December 2019 decreased by 10% yoy. The decrease was mainly attributable to cash spending on loan repayment as well as investment not only in

yield and lighter weight bottle capability. SG&A level of spending was at 22.3% of sales, in accordance with the phasing of advertising and promotion activities implemented to support growth of existing

sector which continued to expand. Public spending and private consumption remained to be the main growth drivers. The policy rate remained stable at 1.5%. Central Pattana Public Company Limited (“The

, private consumption and tourism. Both private and public investments remain largely at stable levels whilst consumer spending is constrained due to high household debt levels, decline in agricultural

slowdown in domestic consumption which reflected in sluggish spending in fast moving consumer goods (FMCG). Proportion of each market segment and growth is as shown in figure 2 (Source: Nielsen). Figure 2

in the second quarter, while higher spending in the first quarter were to support growth of existing brands, new product launches and business expansion domestically and internationally. The Company

) Steady growth in private consumption from stimulus packages and recovering agricultural product prices from production expansion and 4) Other supporting factors, such as government spending and other

stimulate government and state-owned enterprises’ spending. Overall, the Thai economy is on course for a steady year of growth, according to the Bank of Thailand, with its GDP growth in 2018 revised up to 4.4

attributed mainly by number of factors, namely 1.) Growth in Tourism sector from visa-on-arrival measure and Hong Kong disturbance which reflects an increasing in tourists 2.) Government spending for