the decline. Exports, in particular, shrank in line with signs of global economic weakness and anxiety surrounding the trade spat between the US and its major trade partners. Moreover, private

III Road, Alley 23, Bangklo Sub-district, Bangkorlaem District, Bangkok SASCO Siam Appraisal and Service Company Limited BKKPA Bangkok Property Appraisal Company Limited Independent Financial Advisor or

) -ผู้จัดการกองทุนอาวุโส, ผู้อำนวยการฝ่าย Property Fund (Senior Fund Manager, Executive Vice President, Department Head - Property Fund Department) -ผู้ช่วยผู้อำนวยการฝ่ายตราสารหน้ี (Associated Director

downturn in the goods-producing sector intensified, while agricultural output continued to fall amid a lingering drought. Consequently, annual private consumption growth moderated, while business and

expenditure of governmental sector and consumer of private sector. Those economic conditions influence the previous Quarter / that the Group gained more revenue from product distribution and service business at

the global market. Meanwhile, the demand for stainless steel started to increase as the country's economy began to grow steadily as the result of the export sector, private consumption, tourism sector

positively, private consumption remained robust through amid still- weak inflation. On 10th July, a new cabinet was formed that should largely see policy continuation; however, given the coalition’s slim

boost of the export activities, private consumption and tourism sector. However, the net profit margin was lowered from the increase in selling and administrative expenses while gross margin stay flat

footprint in Vietnam market  On 21 January 2020, MACO, through VGI MACO (Singapore) Private Limited1 (“VGIMS”), announced to expand its footprint into the Vietnam market – a high growth potential country

through to the domestic economy. The downturn in the goods-producing sector intensified, while agricultural output continued to fall amid a lingering drought. Consequently, annual private consumption growth