tighter lending policy of auto financing providers. Domestic car sales reduced by 12.4% in Q4 2023. Cost of sales and services decreased in accordance with slower sales. Gross profit margin decreased from
reported a 17.9% growth in revenues driven by higher sales of Honda. However, Thailand dealership business reported slower sales in line with sluggish domestic car sales in Thailand which saw a significant
environment The Thai economy for the year 2018 expanded as expected according to its potential. For the last quarter of 2018, the economy continued to expand largely from domestic demands contributed both from
local steel products instead of imports. However, the policy encouraged to increase production capacity and supply excess capacity to other countries. This will create problems for the steel market in
global economy. For domestic sector, private consumption and private investment also showed positive signs with private consumption recovering strongly in the durable goods segment (especially in vehicles
economy. For domestic sector, private consumption and private investment also showed positive signs with private consumption recovering strongly in the durable goods segment (especially in vehicles) and
expand largely from domestic demands contributed both from private consumption and private investment. Private consumption grew notably in durable goods segment (especially in vehicles) while growth in non
). Industry Overview The Office of the National Economic and Social Development Council (NESDC) reported that Thailand’s GDP in 2018 growth 4.1% YOY, driving by private consumption and investment. Although the
during first half of 2017. However, the increasing in domestic sales push up the total revenue becoming minor decreasing. Cost of goods sold of Q3/17 is increased by 5.86% comparing with Q2/17 and 7.82
exporting furniture equivalent to 4 percent or at the amount from export sales Baht 216 million. Whereas the domestic revenue decreased 9 percent with the amount of domestic sales Baht 149 million. In sum