1,694.9 1,520.4 Net Profit 2,544.5 3,038.7 -16.3% 2,240.1 +35.7% 17.9% 22.0% 18.0% The year 2017 was another challenging year for KCE when construction of the new Lat Krabang factory was completed, and

million, decreased by 7.0% or Baht 955 million, from Baht 13,551 million of the fiscal year 2017. This was due to a decrease in Beverage business revenue by 15.1% while Food business revenue increased by

2019 Kanis Saengchote - Chulalongkorn Business School Increased Wealth. Increased Spending. But wealth effect is closely related to bubbles. Research question: Does the wealth effect exist in digital

future. Business wise H1 2019 was challenging particularly in the most recent quarter. Business sentiment in multiple industrial segments important to us has been impacted by the macro economy and the

which increased by Baht 1,422 million YoY. The Company posted net loss of Baht 854 million, increase by Baht 499 million YoY (due to reasons as described below) and sale revenue Baht 2,124 million

, (%) 26.0% 30.0% 34.9% Selling &Administration 1,804.3 1,817.6 1,694.9 Net Profit 2,014.9 2,544.5 -20.8% 3,038.7 -16.3% 14.4% 17.9% 22.0% The year 2018 continued to be a challenging year for KCE when

challenging environments, building strengths and competitive edge, creating services that meet the demands of investors and stakeholders, and promoting the Thai capital market’s global competitiveness, which

4,061 million, increased by Baht 702 million or 21% from 2018 mainly caused from the recognition of the operating results of the projects that the Company has invested and the commencement of commercial

financial institutions. A summary of the key operational matters and events for the 3rd Quarter 2018 3Q2018 was another challenging quarter of GFPT Group. We had total revenue from sales of THB 4,516.69

accidents. Business wise Q3 2019 as in Q2 the macro economy and the competitive landscape remains challenging. The continuing weakness in the steel sector had a significant volume and revenue impact, but we