to lock down the country to prevent the spread of COVID-19, travelling means has been disrupted, especially air travel, which expects to take longer to recover back to normal. Also, sales from Index
million baht or 5.17%. The decrease is due to the market of Non-Destructive testing, Inspection and Certification testing and Mechanical testing services are not recover - Cost of service and administrative
recovered back since the beginning of the second quarter. In addition, the company recognized the revenue from project work decreased by 28.56 million baht since most of the work was completed since last year
(Overseas) Mikka Cafe New Brand Perspectives on Thai economy in 2022 • The Thai economy is expected to recover gradually in 2022. During the first half of the year, slow recovery is expected due to the
Million Baht (56%) from Q2/2016. The main causes for the lower net profit are economic in Thailand have not yet recover and intense competition. Discussion and Analysis of the Company and its subsidiaries
adverse economic situation led to a cautious consumer spending across customer segments. However, the Company expected total usage amount to continue to recover from 2nd quarter of this year. The Company
be carried out according to the measures laid down, the situation can be resolved, and the economy could recover. The Company has been monitoring the situation closely and has launched several policies
dropped from slacked domestic market during Quarter 3. However, the market situation started to recover in the late of the Quarter 4. Moreover, sales of customer in packaging for milk and yogurt segment
have also impacted costs and resulted in lower EBITDA. Our pricing has been reset for 2018 onwards and we expect to recover our EBITDA proportionately. Japan introducing punitive charges on import of PET
have also impacted costs and resulted in lower EBITDA. Our pricing has been reset for 2018 onwards and we expect to recover our EBITDA proportionately. Japan introducing punitive charges on import of PET