trend of NPLs of the company has been decreasing. In addition, the Company has other plans to expand its distribution channels and to enhance the credit approval process. The system will be used in the
and globally. Hence, we expect the good performance in 2021 to continue to trend upwards into 2022. Yours sincerely, Mr. Yeap Swee Chuan President & CEO http://www.aapico.com/ http://www.aapico.com/
private consumption and investment. However, economic expansion remains at risk due to higher cost of living, the rising of household debts amid an upward trend of interest rates, the increasing of interest
expansion is still subjected to the rising cost of living, in which the inflation rate in 4Q/2022 reached 5.8%, the household debt ratio is considered high amid the increasing trend of interest burden but
from the wholesale business decreased due to competition from larger competitors within the dealer customer group. However, the trend for franchises has improved, even though it cannot fully compensate
actions in order to continue its business as normal. - The steel business is considered as the upward trend and strong demand for Thailand which is in line with economic growth. The Company therefore need
and able to proceed necessary actions in order to continue its business as normal. - The steel business is considered as the upward trend and strong demand for Thailand which is in line with economic
environment The Thai economy for the year 2019 exhibited a decelerating trend. Private consumption slowed down in almost all categories especially in durable goods from the contractions in vehicle sales partly
be cautious upon 1) Crude oil and commodity prices trend - recovering trend will aid Thailand's inflation to rise which in turn will result in rise of farm income and ease Thai Baht appreciation via