Commercial Banking In 2019, the Thai economy grew at a slower pace than the previous year and below its potential. Growth is estimated at 2.5%, the lowest level since 2015 and a significant drop from 4.1% in
in world oil prices, resulting in a sharp drop in commodity prices this causes a lot of price competition. Yours Sincerely, Ms. Piyanan Suwannaphasri Assistant Managing Director Authorized to sign
contributed from both domestic and export markets at the ratio of 50:50. Note: 1/ Energy Drinks and Sport Drinks 2/ Drinking Water, 3-in-1 Coffee and RTD Coffee Domestic sales were THB 2,019million, drop by THB
above is the main factor of the losses recorded. 58.7% drop in Total Industry Production (“TIP”) in Thailand for the period of May – July 2020 as compared with the same period in 2019 causing the Thailand
a significant drop in foreign tourist visitors and limit domestic travelers from country lockdown. Given the situation, the Company decided to temporarily close hotel operations and change its
263.2 million baht and 793.7 million baht respectively. The decreasing revenue mainly due to loss of one major airline customer at the beginning of the year. In addition, the transfer of kosher box
75.19 million baht, decreased by 37.82 million baht or 33.47% of the same period of sales in 2019. Most of the Company’s products had a drop of sales in this quarter, especially ‘Disc plough’ that
the same level, slightly increased. Moreover, there were major overhaul maintenance of Sriracha plant and planned maintenance of IRPC-CP, plus the drop in dividend income from Ratchaburi Power Company