including the recovery of investment signals in new projects and government spending. These are the economic stimulus that benefited the customers of the Company and its subsidiaries in various industries and
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
government and the recovery of various industries. The sales of a new subsidiary company mostly came from Copper and Aluminum whereas stainless products were the main products of Company and its old
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
consumption should remain resilient owing to rising income levels and employment gains, and fixed investment is likely to pick up amid high capacity utilization and government infrastructure spending. Risks
operations and is hopeful that appropriate measures will also be taken by the Government to support to support the Thailand Industries. 3. Performance of the Company Operating Results The Company reported a
products. For the domestic, the Lockdown measure from the Thai government resulted in the hypermarket stores such as Tesco Lotus, Big C, Home Pro, etc. that are the customers of the company necessary to
, Ministry of Tourism & Sports). Additionally, The Chinese government announced a ban on outbound group tours since 24 January 2020. The Company was fully aware of the situation and took actions by
has recovered from the easing of COVID- 19 measurements and the end of the government measurements including free internet data, free minutes for voice calling, subsidies in utilities in the previous
measure of the Government Housing Bank to fix the interest rate for 1-5 years, starting on 22nd October 2019 until 24th December 2020. As a result of such measures, the sale and ownership transfer target of