overall international business grew 14.4% at constant FX rate. 9M’19 Net sales grew 5.7% YoY, driven by core businesses in both domestic and international markets. Domestic beverage and personal care grew
% at constant FX rate. However, the reported numbers showed stable growth due to the unfavorable FX impact. Beverages Segment Domestic beverages net sales were at THB 4,388 million, THB 171 million
scheduled to achieve COD in 2Q2019-1Q2020. Tris Rating affirmed the company rating and senior unsecured debentures at A- with Stable Outlook. 3 PERFORMANCE BY BUSINESS Total Revenue of Utilities Business
impressive 4.8% growth. Central bank forecasts for the full year are around 4.5% and with inflation only just breaking into the 1-4% target band (1.2% in Q2) coupled with uncertainty around global trade the
Cambodia performance. At constant FX, our international business showed stable growth. As a result, total revenues from sales of Beverages segment booked at 4,690 million, decreased by THB 139 million (or
adjustments than firms with Big 4 auditors. The interpretation of the results can be in both client and auditor factors. For client factor, holding auditor factors constant, the interpretation can be that firms
& Calpis grew 1.5% YoY and above market growth. C-Vitt became #1 brand in functional drink with market share of 23.3% in Q3’18 from 16.9% in Q2’18. Domestic Personal Care grew 9.1% YoY. At constant FX
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culture particularly challenging is the difficulty in defining or quantifying corporate culture. However, through advanced machine learning, a new measure of company culture has just been developed. Using
result of an internal restructuring. This causes the sales revenue to decrease while the production expenses remain constant, resulting in higher cost of sales than sales in third Quarter of 2020. However