of the Thai baht and the intense competition which caused the exports to shrink from the previous year. Domestic consumption was also affected by high living expenses and household debt, as well as the
Thailand and NESDB, overall Thai economy in 2018 expanded by 4.1%, higher than 4.0% growth in 2017. This was mainly from acceleration of private consumption and investment, as well as improving domestic
quarter expanded by 4.8%, higher than 3.9% growth in the previous quarter, according to data from Bank of Thailand and NESDB. This was mainly from acceleration of private consumption, government consumption
quarter. However, the Thai economy is expected to grow continually from last year, thanks to the expansion of exports and tourism sectors as well as an increase in government consumption. In addition, the
pandemic of COVID-19, which has a severe impact on tourism, production, exports and private consumption. Private investments tend to decline in 2020, according to both domestic and international demand. For
unit as a result of soften private consumption. Financial Operating Results In Q1/2018, total cost of sales and operating expenses were Baht 938.3 million, decreased by Baht 96.9 million from Baht
consumption remains reliant on the purchasing power of certain groups such as high income earners , the majority of consumers are still hindered by high household deb while agricultural household incomes still
Polymer business unit as a result of soften private consumption. Financial Operating Results In 2018, total cost of sales and operating expenses were Baht 3,549.0 million, decreased by Baht 66.0 million
impacted by declining global demand, which has also led to a deceleration of private consumption as a result of lower employment, particularly in export- related manufacturing sectors. Elevated household