economy. For domestic sector, private consumption and private investment also showed positive signs with private consumption recovering strongly in the durable goods segment (especially in vehicles) and
statements. Overall market environment The Thai economy during the third quarter of 2018 continued to expand particularly from domestic demand. Private consumption grew mainly from the durable goods segment
expand largely from domestic demands contributed both from private consumption and private investment. Private consumption grew notably in durable goods segment (especially in vehicles) while growth in non
production, as farm income has remained subdued due to falls in market prices. Nevertheless, overall domestic demand grew at a moderate pace, and durable goods consumption has slowly picked up. The performance
on the opposite slightly increased, reflecting the increase of the purchasing power in durable goods and the effect from new model launch from many brands. For the period of January to June, total
consumption expanded gradually, in line with the expansion of consumption expenditure on durable goods and greater consumer confidence, as well as improvements in farm income. Meanwhile, private investment
forecast some of the factors that contributed to our over performance in the first half to ease towards the end of the year we look forward to a strong H2. On the cost side we face some headwinds in variable
downwards its GDP growth forecast from -5.3% to -8.1% for 2020, projecting the worst recession since Tom Yung Kung crisis in 1997. Furthermore, Malaysia and Indonesia, our major international business
, accounted for 39 percent of the Company’s total sales, representing an increase by 4.6 percent as compared to that of the previous year, but lower than forecast. This was due to the fact that the Company was