softened handset subsidies and a focus on quality acquisition, partially offset by increasing advertising expense to enhance brand perception. Marketing expenses to total revenue stood at 5.1% , down from
customer perception. We continue to focus on delivering fair profitability balancing between short- and long- term drivers while keeping our solid financial strength. Market and Competitive Environment As
MANAGEMENT DISCUSSION AND ANALYSIS FOR 2017 2 2. ECONOMIC SITUATION Thai economy continually expanded supported by every economic engine especially merchandise exports that were uplifted from global trade
implementation was much less response from business sectors, because there are limit number of B20 distribution stations and business sectors concern the side effect to engine from using B20. Department of Energy
several hotels from a refurbishment program for performance uplift and the cease of operation of Dusit Thani Bangkok (which is the key revenue engine to the group) on 5 January 2019. Aiming to maintain
operators have committed to increasing 5G customer perception and expanding network coverage in high density of demand areas. As a result, 5G adoption reached around 4mn subscribers, underpinned by the rising
(Housing) ชดุเฟืองท้าย (Differential) ชิ นสว่นระบบกนัสะเทือน (Suspension) และชิ นสว่นเครืองยนต์ (Engine Part) โดย มีขนาดกําลงัการผลติ 90,000 ตนัตอ่ปี และจดัเป็นผู้จดัสง่ชิ นสว่นยานยนต์ระดบั และ 2 (Tier 1
) และชิ นสว่นเครืองยนต์ (Engine Part) โดยมีขนาด เอกสารแนบ 1 13 กําลงัการผลิต 90,000 ตนัตอ่ปี และจดัเป็นผู้จดัสง่ชิ นสว่นยานยนต์ระดบั และ 2 (Tier 1 and 2 Automotive Parts Supplier) วันทีจดทะเบยีนจัดตั ง
direct (tailpipe) CO2 emission when operated on a track with necessary infrastructure, and use a conventional engine where such infrastructure is not available (bimodal) AND • The trains and wagons are not
revenue from overseas sales for the period, not only support our market diversity but also raise our brand perception as the People’s Republic of China is one of the top 5 energy drink market in the world