continued to expand from the previous quarter. The value of merchandise exports expanded in line with trading partners’ growth, global trade and the impacts of trade protectionism measures by the US and China
Page 4/21 Overview of Economy and Competition in Commercial Banking In the second quarter of 2019, the Thai economy continued to expand due mainly to the expansion of domestic demand. Private consumption
. Growth is estimated at 4.2% the fastest pace since 2013. The expansion was supported by the speed up in private consumption expenditure, government consumption expenditure, and investment. In the meantime
. Headline inflation was expected to fall below the lower limit of the inflation target. Therefore, the accommodative monetary policy will help meet the inflation target and support economic growth amidst
expenses related to new recruits for new three branches and one branch expansion in the first half of 2017. In contrast, the Company opened only two branches of Maygori in the same period last year. Maygori
sales and service is higher than the same quarter last year at 20.9%. Selling and administrative expenses increased 6%, to support business expansion both in Thailand and overseas The Company’s expenses
number of office employees to support the branch expansion plan. Moreover, in February 2017, the Company recorded the expense for the annual staff seminar which was postponed from late 2016 for THB 1.69
increase of sales volume of cleanser and medical supplies due to the Company becomes greatly known and the greater customer base expansion resulting in the net profit in accordance with the ratio of stocks