extent of the rebound in consumer confidence and household spending. Throughout 2017, the Bank of Thailand maintained the policy interest rate at 1.50 percent, concurring that economic gains had not been

respectively. Such losses would be last 2-3 months after starting commercial sales. Therefore, the gross margin was behind the target. 3. The consolidated net loss was 2.39%, decreased from the same period of

6. Audit risks related to developments in the audit firms and profession Tone at the Top / Culture • Potential causes behind lack of improvement in level of inspection findings: fee pressures

what forces are behind it ⋄ Market inefficiencies (e.g. Basu, 1977; Rosenberg, Reid, and Landstein, 1985; Lakonishok, Schleifer, and Vishny, 1994) ⋄ Risk that warrants higher returns expectations (e.g

came mainly from crude oil price rebound in 2018. And even with lower pressure on Glycerin price from growing market supply in the second half of 2018, full year average Glycerin price remained high

competitive landscape remains challenging. We saw particular weakness in the steel sector as uncertainty led to reduced production and after a record sugar season in 2018 this sector has been behind our

Thailand is behind other countries in South East Asian. In 2018, retail industry growth only at 3.9% per annual. The Company engages in retail rental space for retailer more than 1,500 client and operate 3

compensation from NBTC partially covered revenue loss. After gradual lifting of lockdown in late May-20 and economic activity slowly resumed, there were pent-up demand led to rebound in new acquisition and

operators continued to offer low-price plans and discounts for new acquisitions and to address weak consumption, ARPU slightly rebound to Bt446 or +0.7% QoQ. Mobile Business 1Q21 4Q21 1Q22 %YoY %QoQ

vs. total revenue has increased significantly. The main factors behind this unwelcome trend was a jump in fuel (petroleum coke) prices, and increased manufacturing cost of machinery equipment. However