investment picked up in line with the improved economic outlook, and with additional support from the government investment project even in this quarter its growth was lower than the assessment as the delayed
previous projected at 2.8% growth to a 5.3% contraction due to the fact that COVID-19 outbreak severely affected both external and domestic demand particularly the tourism and exporting sector which sharply
should continue to be accommodative so that the economic growth could continue and translate into the strengthening of domestic demand. Notwithstanding this, there are pockets of risks, such as debt
effectiveness of pandemic control and vaccine development, the economic damage may be worse than what was seen during the 1997 financial crisis. Given volatility in the financial market and real sector which had
, export branded sales continued to grow significantly from sales recognition of Long Quan Safe Food JSC (LQSF) in Vietnam. After all, sales have bottomed out from Q3/2018, growing 8% QoQ with growth in
by THB 368.3 mm or 12.7%, compared to the same period of last year. KEY HIGHLIGHTS The growth of gross profit was 87.0% y-o-y mainly attributable to the higher revenue from industrial land sale and
strategy that is based on three major pillars: topline growth, operational excellence, organization development. The “fixing the basics” program is nearly complete, resulting in upgrades of technical assets
continued to grow and signaled future investment. Tourism–related businesses expanded thanks to a growing number of Chinese tourists. On the other hand, expansion of real estate and construction businesses
new business to support future growth complied with the policy of synergy in group companies. Jaymart has been expanding business focusing on the retail business and preceding transformed into the
, driven mainly by exports sector, private consumption, government spending and investment. In the fourth quarter, Thai economic growth is expected to be driven by government initiatives such as Low-income