core service revenue and effective cost control 2Q23 provided an EBITDA of Bt23,317mn, improved 4.3% YoY and 3.0% QoQ from core services revenue improvement combined with cost optimization especially in
million, decreased by Baht 72 million or 4.0% from Q3’2017, mainly from declining in total green tea market while the company still maintained market leader position, and partly from the fire incident at
first six months totaled 523,770 units, growth of 7.1%. The passenger vehicle and commercial vehicle segment expanded by 8.5% and 6.2% yoy respectively with growth supported by the improvement in farm
resulted in THB sales declining by 3% of total sales or roughly Bt446 million in 2017. Cost of Sales and Gross Profit In 2017, the cost of sales was an average 70% of sales, an increase from 65% in 2016
expected to severely contract during the outbreak. The export sector has been impacted by declining demand from trading partners and supply chain disruption, while the tourism sector has been impaired by
enterprise market in the medium term. Cost management has resulted in profitability improvement. Excluding payment to TOT, cash cost of service and SG&A continued to be stabilized, -4.8% YoY and +2.2% QoQ, due
supported by the improvement in farm income. Nevertheless, signs are pointing to the slowing momentum of car sales which could be indications of market saturation and could potentially lead to price
EBITDA was recorded at THB 88 million, a decrease of THB 49 million or 36% from the same quarter of previous year. This was primarily impact from declining of glycerine price driven by rising of global
(especially in vehicles) in line with the improvement in household income from both farm and non-farm income. However, growth in non-durable and semi-durable goods remains weak. Private investment also