driven by improving domestic economic conditions, bouyant exports and the tourism sector. The market expects private consumption to have expanded, with higher spending on durable goods – particularly
central bank is likely to keep interest rates low for the foreseeable future. Economic indicators for June and the second quarter of this year suggested an expansion in private investment and consumption
through to the domestic economy. The downturn in the goods-producing sector intensified, while agricultural output continued to fall amid a lingering drought. Consequently, annual private consumption growth
is likely leaving its mark on the Thai economy. Private consumption growth moderated noticeably in Q1 while private investment fell, reflecting dampening domestic demand. Manufacturing output
previous year were as highlighted below ; (Unit : Million Baht) Q1/2018 Q1/2017 % Change Sales and Service Income 467 461 1 Cost of sales and Services 384 339 13 Selling and Administrative Expenses 60 70 (14
for sale of debt securities shall comply with the following rules: (1) a public offering of debt securities shall comply with the provisions in Part 1 and Chapter 1 of Part 2; (2) a private placement of
, private consumption growth turned out to be stronger than expected, boosted by car sales which had accelerated since late 2017 after demand for car purchases was brought forward in response to the 2012-2013
of 2019. Exports, tourism and private investment – among major economic activities – were hampered by the worse-than-expected global economic slowdown. Meanwhile, consumers’ purchasing power weakened
in the previous year. The Company would like to clarify the reasons for the change in profits for 2018 compared to the previous year, as follows: 1. Revenue In 2018, the Company had total revenues, as
Baht 971 million and earnings per share of Baht 0.49 a decrease of 10% when compared to the previous year. The Company would like to clarify the reasons for the change in profits for 2019 compared to the