quarter but may be restrained by vulnerable and highly uncertain household income as well as elevated household debt. These factors are causing customers to be cautious on spending. Moreover, the tourism
mobile market remained elevated with continued low-price unlimited data plans, especially in the prepaid segment i.e. 150-200 Baht for 4-15mbps unlimited data. There is also 5G offerings at a lower price
compared to the past year. In addition, the tax expense of the company is forecasted to grow as the Sriracha Power Plant has fully utilized BOI benefits for tax exemption in 2017 and the many BOI benefits
partly because the overall household purchasing power was not sufficiently strong and household debt remained elevated. Private investment picked up in line with the improved economic outlook, and with
partly because the overall household purchasing power was not sufficiently strong and household debt remained elevated. Private investment picked up in line with the improved economic outlook, and with
purchasing power. However, from Sep-21 onward, restrictions were gradually lifted, resulting in some improvement in consumer spending. Meanwhile, competition in mobile industry remained elevated as operators
machinery, which can be utilized for 3 years, while the Company recognized a tax benefit of Baht 20.8 million in Q2/2019. Q2/2020 vs Q1/2020 (QoQ) In Q2/2020, the Company recorded a net profit of Baht 14.5
significant saving in terms of lime production it does however require an investment in working capital which will peak in Q1 2019 but then will drop as the fuel is utilized in production. Dividend cash out has
formulation optimization. During the year, the Company has utilized IPO proceeds to invest as planned. The new glass factory (SGA2) has completed in Q3’19 and started commercial operations in Oct’19. This
Operations – Driving organic growth by improving space utilization The Company focused on marketing communication activities and promotional campaigns, as well as and effectively utilized spaces in shopping