and globally. Hence, we expect the good performance in 2021 to continue to trend upwards into 2022. Yours sincerely, Mr. Yeap Swee Chuan President & CEO http://www.aapico.com/ http://www.aapico.com/
private consumption and investment. However, economic expansion remains at risk due to higher cost of living, the rising of household debts amid an upward trend of interest rates, the increasing of interest
from the wholesale business decreased due to competition from larger competitors within the dealer customer group. However, the trend for franchises has improved, even though it cannot fully compensate
actions in order to continue its business as normal. - The steel business is considered as the upward trend and strong demand for Thailand which is in line with economic growth. The Company therefore need
and able to proceed necessary actions in order to continue its business as normal. - The steel business is considered as the upward trend and strong demand for Thailand which is in line with economic
environment The Thai economy for the year 2019 exhibited a decelerating trend. Private consumption slowed down in almost all categories especially in durable goods from the contractions in vehicle sales partly
be cautious upon 1) Crude oil and commodity prices trend - recovering trend will aid Thailand's inflation to rise which in turn will result in rise of farm income and ease Thai Baht appreciation via
volume of IRPC-CP has increased, and the increase in Ft rate which in line with rising trend of natural gas and oil prices. The Energy Regulatory Commission (ERC) increased Ft rate for January- April 2019
decrease from 188,153 gigawatt-hours in 2016. A decrease in electricity consumption was mainly resulted from an increasing trend of Independent Power Supply and the governmental promotion of energy saving