that Thai economy will grow faster than the same period last year, reflecting in a higher GDP. Export and tourism sector are the main factors that support Thai economy in the second quarter. In addition
durable goods. The Thai economy hence showed ongoing improvement from the first quarter. Nonetheless, the economic expansion, which was still limited and uneven, affected the performance of KBank and our
, together with the decrease in availability payment (AP) due to the appreciation of Thai Baht. • Small Power Producer (SPP): The gross profit increased by Baht 1,847 million as a result of the first full
) and the total flights increased by 5.5%(y-o-y) to 303,520 flights. While the number of passengers in both airports, BKK and DMK are growing steadily according to the expansion of the Thai tourism
) and the total flights increased by 5.5%(y-o-y) to 303,520 flights. While the number of passengers in both airports, BKK and DMK are growing steadily according to the expansion of the Thai tourism
reduction of 3.0% Q-o-Q and 9.5% Y-o-Y, while sales revenue in USD terms grew by 1.0% Q-o-Q but declined by 8.9% Y-o-Y. The lower revenue recognition in Baht terms was due to the strengthening Thai baht
, while consignment usage was lower at Bt760 million (Table 3). The Y-o-Y decrease in revenue was due mainly to a 14.8% decrease in sales volume (Table 4), and due partly to the strengthening of the Thai
the Company’s managements and operations. 2) Announcement of JV agreements with Tokyo Tatemono Asia Pte Ltd. (“Tokyo Tatemono”) to jointly develop 2 luxury condominium projects in Sathorn 12 and in
). Changes in foreign currency exchange rates had a minor impact on the revenue recognition in Thai baht terms in the current quarter (Table 1). To minimize the impact of COVID-19 in the second quarter of 2020
follows: KGI Securities (Thailand) Public Company Limited 173 Asia Centre Building, 8th - 11th Floor, South Sathorn Road, Thungmahamek Sub-District, Sathorn District, Bangkok 10120, Thailand Tel (662) 658