main driver in increasing the cost-to-sales ratio from 53.1% to 64.4% in this year. VGM’s cost structure is higher than MACO’s domestic business due to higher expenses from concession in Transit and
personal care revenues recorded at THB 678 million, an increase of 0.5% YoY). The growth driver were the continued success of Babi Mild from the momentum of Babi Mild Sweet Almond range launched in Q2’19 and
% YoY, in line with the guidance. The main driver for strong growth came from an increased subscriber in both postpaid segment and fixed broadband. Mobile revenue reported Bt130,062mn, increasing 4.2
with herbal benefits. Som In-sum and Chalarm Black Galingale will be further strengthen. For functional drink, C-Vitt remains a key driver, on top with new product launches. Regarding Personal Care, our
ended 31 March 2019) 7 U CITY PCL BUSINESS PLAN AND OUTLOOK Hotel business will continue to be a main revenue driver. The recent announcement of the acquisition of 19 hotels under the Arcona brand is a
well-performing overseas assets. The Hotel industry remains the key revenue driver. Thai goods and services are at a premium due to the appreciation in Thai Baht, reducing the demand especially within
from economies of scale. Moreover, we’ve established a new partnership with a major regional developer under the UBM JV - potentially adding another growth driver to Vienna House. For our residential
Public Company Limited (“the Company”) reported 1Q2020 total revenue of THB 2,186m, decreased by 27% YoY. The major driver of such decline was 56% drop in revenue from sales of house and condominium due to
31% increase from 1H19. Main driver of the growth rate was the acquisition of Metropolis building in January 2020. The Company realized that occupancy rates of Suntower and Metropolis have been
containment measures in Thailand. With regards to domestic demand, public expenditure would remain an important economic driver. Meanwhile, private consumption should gradually pick up compared to second