organization levels were controlled following the cost reduction initiative to combat COVID-19 situation. In addition, put off 2020 capital expenditure plan to prepare sufficient liquidity amidst uncertainty
factory warehouse at Baht 35 million and the purchase of machinery, equipment and related expenses to increase the production capacity of the flexible packaging products another Baht 40 million. This is to
measures to tame the volatility. At the same time, Thai stock markets plunged throughout the quarter amid investors’ risk-off sentiment and a slump in oil prices due to disagreement on oil production between
from 2.3% in the second quarter of 2019, mainly driven by expansion of private consumption, government spending and tourism sector. Meanwhile, exports sector continued to contract caused by uncertainty
2018 primarily due to the US-China trade war and global uncertainty contributed negative impact on export growth. The growth of credit card business in Thailand continue expansion due to overall economic
product scope and ultimately face down this competitive pressure. Golden Lime Public Company Limited 3 MANAGEMENT DISCUSSION AND ANALYSIS FOR PERIOD ENDED 31 MARCH 2019 2. Outlook Geopolitical uncertainty
private consumption and total investment were constantly expanding. However, Thai economy still faces external risk such as U.S. monetary and trade policy and global economic uncertainty. As of August 31
million, specifically for 2 customers of the Company’s subsidiary due to the uncertainty of debt collective. (3) Advance payment for purchased program rights increase THB 330.67 million or 321.35% because
public consumption and private investment were constantly expanding. However, Thai economy still faces other risk such as The U.S.-China trade war, global economic uncertainty and domestic political
MACO’s performance was dramatically affected from lower advertising demand due to the COVID-19 pandemic and global economic uncertainty. Consolidated revenue decreased by 25.9% YoY to THB 512mn o