2018 primarily due to the US-China trade war and global uncertainty contributed negative impact on export growth. The growth of credit card business in Thailand continue expansion due to overall economic
following global crude oil price movement, led to an improvement of gross profit. However, production and sales volume decreased according to the Natural decline curve. In this quarter, there was a loss from
impressive 4.8% growth. Central bank forecasts for the full year are around 4.5% and with inflation only just breaking into the 1-4% target band (1.2% in Q2) coupled with uncertainty around global trade the
. Spending was boosted by the government’s stimulus measures and the export sector was supported by brightening global economic prospects. However, any potential Thai economic recovery over the rest of the
to the consolidated financial results of Golden Lime. 2. Outlook The global Covid-19 pandemic will affect the Thai GDP negatively by 6-8% this year as of BOT projections, while in FY 2021 with a bounce
1.05% from the previous quarter. However, substance economic challenges are remained such as global economic recession as a result of policy interest rate increment, high household debt level increasing
has heavy reliance on tourism and export, both of which depends largely on global economic recovery based on pandemic risk being subsided. Widespread exercise of social distancing as well as domestic
impact of the global trade war. Resulting in the Company had to accelerate the management of the inventory levels to be suitable for sales volume. If comparing the inventory from the beginning to the end
75% in VGI Global Media (Malaysia) Sdn. Bhd (“VGM”) with a total investment value of THB 360mn. This transaction is expected to complete within the 4th quarter of 2018. VGM is a holding company