additional rules regarding ICO advertisements. Essentially, such advertisements must refrain from enticing or pressuring investors into uncareful investment decisions. Moreover, they must not imply guaranteed

export branded business, despite a decrease in export CMG and domestic branded.  Net profit in Q4/2017 was Baht 28 million, a decrease of 76% YoY due to 1) lower sales contribution of export pressuring

pressuring net profit margin 2) higher depreciation resulted from additional investments in plant, machinery, and office renovations to improve production efficiency and reduce production cost, in order to

pricing remained highly dynamic, where price plans with large data volume were offered at low ARPU, pressuring the effort to increase ARPU. The price competition in fixed broadband market was mainly

pressuring performance of the Company’s hospitality business. Additionally, the Company’s residential business was slightly affected due to the lockdown measure causing most of our foreign buyers decided to

from the acquisition of LQSF in Vietnam as well as consulting fees from other investment projects; 2) lower sales contribution of export pressuring net profit margin; 3) higher depreciation resulted from

%. Furthermore, pressuring of downward trend of CPKO prices, the company still had stock loss & NRV of THB 29 million, but it was less than stock loss & NRV in 3Q2017 by 79%. Accordingly, the company recognized

, outbound tourists, and economic activity. However, the rising inflation was an emerging factor pressuring purchasing power for price-sensitive consumers to look for cheaper packages. • Competition in the