weaken. Although the government has policies to help the cost of living of people at the grass-roots level, it focuses on spending of the essential consumer products only. In addition, there was a factor
advertising company were more conscious in spending through advertising. 4) Other income was Bt198mn, an increase of 48.9% YoY, mainly from increasing in the number of “Boonterm kiosk" and the growth of the
government spending and economic stimulus measures such as the reduction of personal income tax rates and adjustment of minimum wage, including investment in large infrastructure as well as the government
Company’s total SG&A level was at 20.8% of sales, in-line with Q1’18 level and -30 bps QoQ. Lower spending on A&P was due to phasing of spending as per marketing activities and high base last year base from M
, credit card revenue was 1,887 million baht, an increase of 9 million baht or 1% y-y. The Company has focused on promotion activities to encourage customer’s spending and increase market share. For example
global inflation. The company performance of the fiscal year of 2021, the Company has total sales increase by 5% y-y. As a result of an increase of new spending volume and new products to be in line with
private investment increased in line with the economic recovery. Meanwhile, the government expenditures spending grew primarily through regular spending. However, government expenditures increased from the
in the pickup truck segment due to their rising credit costs. The delay in approval of the 2024 fiscal budget by several months also contributed to the slowdown in government spending, investment, and
of December 31, 2019 The consolidated total assets as of 31 December 2019 decreased by 10% yoy. The decrease was mainly attributable to cash spending on loan repayment as well as investment not only in
overall economic conditions have dampened consumers’ spending, despite a spate of government stimulus measures such as the state welfare card and the ‘Eat, Shop and Spend’ project in the second half of 2019