% compared with the same period of the previous year To: The President The Stock Exchange of Thailand As a result of the global economic contraction and the economy of Thailand in 2018, there is a slowdown to
pandemic has severely impacted tourism and service sectors, key drivers of the Thai economy, resulting in a -6.1% GDP contraction in 2020, with ongoing recovery efforts. However, since late 2023, despite
both current and capital expenditures partly due to the pending of FY2020 budget. Exports for the year 2019 contracted at 2.7 compared to last year, in line with the continuing decline in global demand
demand faced contraction in the same direction as private consumption on durable goods and services significantly contracted because people avoided going outside. Other fators include the suspension of a
. Furthermore, the solar power plant projects both in Thailand and Japan recorded decline in electricity sales due to lower average irradiation hours in Thailand, and a reduction of electric power purchased
, private consumption, private investment and public spending were all on the wane. Moreover, exports were still in contraction, beset by the weakening economies of Thailand’s trade partners and tumbling
the first 6-month period of 2020 decreased by THB 469.94 million percent from the same period of 2019 amounting to a decrease rate of 16.84. The revenue decrease was caused mainly by the contraction of
, but competition and inflation continued to pressure the top line. Mobile revenue reported Bt29,107mn, a slight decline -0.3% YoY and -0.4%QoQ. The key effect was prominent in the prepaid segment which