position for the year 2017 with those of 2016. This report discusses principal changes in the unaudited consolidated financial statements. Overall market environment The Thai economy in 2017 showed clear
approach of the business operation of the Company is based on the sufficiency economy philosophy as well as good corporate governance. The above strategy and business principles have continuously promoted
global economy volatility impacted to Thai Baht appreciation against major currencies, i.e. USD, have had negative effect to the export business while the importer took this opportunity importing products
Analysis for the Year ended 31 December 2017 Page 4/21 Overview of Economy and Competition in Commercial Banking In 2017, the Thai economy continued to gain further traction underpinned by an accelerated
position for the year 2017 with those of 2016. This report discusses principal changes in the audited consolidated financial statements. Overall market environment The Thai economy in 2017 showed clear signs
institution, enabling us to cope with possible economic fluctuations in a timely manner. C Contents Page Executive Summary A 1. Overview of Operating Environment 1 1.1 Global and Thai Economy in 2017 and
ขยายสาขาอยา่งตอ่เนื่องก็เพื่อให้เกิดการประหยดัตอ่ขนาด (Economy of Scale) ที่เพิ่มขึน้ในอนาคต และเป็นการเข้าถึงกลุม่ลกูค้าในพืน้ท่ีตา่งๆ ให้ครอบคลมุมากยิ่งขึน้ ทัง้นี ้บริษัทฯ ขอขอบคณุผู้มีสว่นได้เสียทกุ
units in 2018. Export volume dropped by 7.59% to 1,054,103 units, compared to 1,140,640 units in 2018 due to the trade war between China and USA that put pressure on the overall global economy and trade
in Thailand’s financial system support the Company’s business to grow in the future. Overall economy growth is expected to grow at around 4.2% per annual. This macroeconomic factor fuels the debtor to
tourists. Nevertheless, going forward, if government’s stimulus measures in investment, tourism and consumption successfully implement. The impact would positively support overall economy. (Source : SCB EIC