between the US and China, and the global economic slowdown. The economic forecast for 2019 is for the country to continue to grow at a slower rate than prior year; the expansion of consumption is expected
economic slowdown resulting in declining export and plunging tourists’ spending especially Chinese tourists. The instability in Thailand politic and election in March 2019 slowed public investment. High
period of 10.2% to 12.3%. Anyway, the Company's selling price decreased and led to a lower revenue due to an economic recession. The Company’s other income THB 17.8 MB and THB 0.6 MB in Q2/2019 and 2018
insurance for properties damaged and business interruption. However, the export sales grew significantly and help overall beverages sales. Food business Despite of overall Thailand economic in this quarter
asset quality management for its loan portfolio and focus on expanding into profitable segment with better asset quality taking into careful considerations the economic conditions. As such, the overall
(43.85) (7.31%) 1,796.58 1,746.84 49.74 2.85% 2. ECONOMIC SITUATION Thailand economic situation in Q3/2019 in Central and Eastern area were contracted as the same period of 2018 due to global economic
%) Depreciation 129.07 127.12 1.95 1.53% 504.40 432.02 72.38 16.75% Amortization 81.31 76.69 4.62 6.03% 320.36 300.72 19.64 6.53% EBITDA 512.50 534.08 (21.58) (4.04%) 2,309.08 2,280.92 28.16 1.23% 2. ECONOMIC
Results Analysis on Previous Operation According to the economic situation in 2016, the capacity and sales of automobile and motorcycle manufacturing industry which is the main business unit of the Company
containment measures in Thailand. With regards to domestic demand, public expenditure would remain an important economic driver. Meanwhile, private consumption should gradually pick up compared to second
. Overview According to the Bank of Thailand and Office of the National Economic and Social Development Board data, the Thai economy in the 3rd quarter of 2020 dropped by 6.4% improved from the previous