the previous quarter, according to data from Bank of Thailand and NESDB. This was mainly from acceleration of export sector and tourism sector continued to recover. In addition, the household
estimated to expand led by mid- to high- income non-agricultural household, which are the Company’s target customers. The BOT’s report mentions on real estate sector that, in 1Q18, there remained pockets of
from the exchange rate of imported solar cells in the solar energy business. This specific transaction occurs once only in 2017. Selling and Administrative expenses Selling expenses decreased by Baht
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MANAGEMENT DISCUSSION AND ANALYSIS FOR PERIOD ENDED 31 MARCH 2018 SG&A expense against only 1.5mTHB consolidated EBITDA contribution, since the acquisition was completed only at the very end of the quarter
sector the Thai economy continues to outperform with Q2 growth at 4.6% slightly below Q1 but remaining strong. Private consumption growth was robust in July and August, supported by higher consumer
, with the effect of COVID-19 outbreak, the labor has temporary moved from service sector back to agriculture sector which led to more demand in agriculture equipment. Other that the above reasons, in Q2
, sales growth in this quarter would become approx. 15.0% over the same period of last year. Sales growth remains driven by Power Electronics business group, especially power supplies for automotive sector