down in line with the expansion of overall economy. Consumer loan expanded at a slower rate, partly due to fund raising by issuing debentures to perform loan repayments by business sector. Besides, the
$ 1.9B. Interest cost is expected to come down for year 2020, thanks to lower benchmark rates. Our net operating debt to equity went up to 1.35 times primarily due to the acquisition of Spindletop
Public Company Limited and its Subsidiaries Management’s Discussion and Analysis for the year ended 31 March 2020 Executive Summary Thai Economy in the first quarter of 2020 happened into recession due to
previous year due to the following reasons; - For the sector of vehicle parts, the sales decreased 34 million Baht compared to the previous year due to the following reasons; The sales of parts for
44%yoy), attributed to the lower profitability of Methyl Ester due to the lower feedstock price discount when the CPO price was weak and the impact from the appreciation of the THB, in which the THB
segment increased Baht 3.85 million or 15.61 per cent from the same period of last year. Due to the adjustment the business strategy to focused on the large project. and the quality of service and products
Profit was due to the overall operational business increase of the Company together with a more effective management of its borrowings that resulted in overall reduced interest costs. Operating Performance
from slow investment from private sector and export sector. Additionally, Thailand’s tourism has shown slow pace from a drop in international tourist arrival, especially Chinese tourists (Source: The
, especially in the export sector. Additionally, the unemployment rate improved slightly to 0.92 percent in the first quarter in 2019, compared to 0.93 percent in previous quarter. Moreover, a drop in inflation