, on August 7, 2019, the MPC cut the policy interest rate by 25 basis points to 1.50 percent, projecting that the Thai economy would expand at a lower rate than previously forecast, due to a contraction
Bank cut loan interest rates twice totaling 62.5-75.0 basis points (bps) during this quarter and as a result, net interest income fell by Baht 1,710 million. Non-interest income rose by Baht 7,601
Huvis Global Corporation, South Korea on June 18, 2018 to form a 50:50 joint venture limited liability company in USA, by the name of Huvis Indorama Advanced Materials, LLC. (“HIAM”). HIAM will
entered into a Joint Venture Agreement with Toyobo Co., Ltd. (“Toyobo”), Japan, on October 23, 2020 to form a 50:50 joint venture limited liability company in Thailand (the “JV”). The JV plans to build a
has to be maintained to ensure continuity of business operations.To cover potential liability risks arising from professional negligence, asset management companies are required to maintain
further cut of estimated international tourist arrivals in 2020 to be approximately 320-640 million, representing 60%-80% drop from 1,460 million in 2019. This revision is much lower than WTO’s previous
companies with an increase in property, plant and equipment by 10.35 million bath due to the investment in machinery of new production lines. 2. Total liability, the company had total liability as of December
. Efficiency improvement to cut down the cost and expenses in the second quarter of 2017 resulted in gross profit of 13.82%, an increase of 0.72% from gross profit of 13.10% in the second quarter of 2016. Sales
million Baht in the second quarter of 2017 which decreased from the same quarter last year totaling 30.58 million Baht or 8.45% due to decreased sales. Efficiency improvement to cut down the cost and
531.13 million Baht in the third quarter of 2017 which decreased from the same quarter last year totaling 7.58 million Baht or 1.41% due to decreased sales. Efficiency improvement to cut down the cost and