(MPC), Bank of Thailand, had cut the policy rate 3 times, from 1.75% p.a. down to 1.00% p.a. in February 2020. This is the lowest record, lower than the rate during 2009 following the Hamburger crisis
reduce mainly on selling and administrative cost, utilities expenses and animal care expenses for instance. Furthermore, the group has assessed and cut down any unnecessary cost across the group as well as
compared with Baht 1,465.51 million in the same period of the previous year or decreased by 36.5 percent. The decrease in sales was the result of a six-month down in sales weight across all product
formation. Hence, the NESDB has cut down its growth forecast for the Thai economy in 2023 to the range of 2.5%-3.0% from the previous forecast of the range of 2.7%-3.7%, which the supporting factors still
decelerating rate from 1.9% in the previous year, due to the delay of government’s budget allocation. Hence, the NESDB has cut down its growth forecast for the Thai economy in 2024 to the range of 2 .0%-3.0%, in
led to widespread slowdown in economic activities. Private consumption slowed down in almost all categories especially in services segment: hotels, restaurants and transportations from the various
consumption slowed down in almost all categories especially in services segment: hotels, restaurants and transportations from the various measures implemented to curb the outbreak. Durable goods segment also
tourist arrivals will be down by 20%- 30% to 1.02-1.17 billion in 2020 compared to 1.46 billion in 2019. For Thailand, the Ministry of Tourism and Sports reported 6.7 million international tourist arrivals
inevitably brought down the average selling prices, thus affecting sales revenue of wholesales/ retails. And the slow economic growth in ASEAN markets stemming from Global economy slowdown in 2019 also lowered
% comparing with Q3/16. This is because of the higher cost of raw material in th the cost of goods sold is increased by 53.96 million baht (10.16%) which affect to our gross margin to down by 36.6 million baht