, the value of merchandise exports expanded at a slower rate as the result of the economic slowdown in major trading partners, and the effect of protectionist trade policies between the US and China. The
but slower than the previous quarter because of the deceleration of exporting sector and the world economy. Merchandise exports were projected to recover more slowly than expected due to the slowdown in
investment particular in machinery and equipment, industrial production, manufacturing capacity, and the value of merchandise exports were also better. Rising government expenditure is another significant
merchandise categories and markets in line with a slowdown in trading partner demand. In the tourism sector, the number of tourist arrivals for the first eight months of this year contracted by 75.2% YoY. The
sectors. Tourism was heavily affected by airspace and border closures, while merchandise exports fell sharply as demand from major trading partners fell, impacting both manufacturing production and domestic
offer promotions during appropriate occasions such as offering shipping discounts promotions, etc. IN RESPONSES TO THE NEW WAVE OF COVID-19 Financial PerformanceSignificant EventsExecutive Summary 4
allow the Company to benefit from economies of scale in some costs, such as shipping costs • Selling Expenses in 9M/2022 was THB 207 million, increased by THB 51 million or 33% from 9M/2021, corresponding
renovated to be more visually appealing. Discounts and free shipping were provided exclusively for the eligible purchase on the Company’s website. As for marketplace platform channel development, the Company
discounts in online channel, and providing free shipping for minimum sale orders etc. The Company also focuses on product selection to better meet customer needs, engages in marketing activities with various
appealing to attract sale orders, offering discounts in online channel, and providing free shipping for minimum sale orders etc. The Company also focuses on product selection to better meet customer needs