activity in the first quarter of 2018 continued to expand from the previous quarter, driven mainly by the solid growth momentum of merchandise exports and the tourism sector. Private consumption continued to

ease this pressure, and with the upward trend in prices, we will continue to expect healthy margins.” 2. Outlook Overall Thai economic activity in the first quarter of 2018 beat expectations with an

travel restrictions which affect the number of both Thai and foreign tourists. At the same time private consumption is in a declining trend due to the freeze in economic activity, while the purchasing

in unabated coal in the portfolio adopt phase out plans by 2030 or sooner; an end to investment in new fossil fuel infrastructure assets, or exploration of new oil and gas fields/expansion of oil and

of COVID-19 local infections since mid-December of last year. Economic activity improved in February as the outbreak was brought under control and external demand continued to recover. Private

benefits from the business expansion. In addition, the Company has continued our strategic projects, including the mixed-use project ‘Dusit Central Park’ as planned. Major Developments Hotel Business At the

carabao brand awareness and expand product sampling activity in UK. Selling expenses were THB 703 million up by THB 44 million or 6.7%, representing 19.3% of total revenue from sales, up from 18.7% in the

E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ending September 30, 2019 Thai economic activity in the third quarter of 2019

by Baht 11.33 million or 2.40 % due to the Medical personal expenses increased from the expansion of the subsidiaries. 3.Administrative expenses increased by Baht 29.82 million or 30.84 % due to the

through this channel will help facilitate their business expansion and development as well as foster their competitive edge at domestic and international levels. To this end, more jobs would be created and