gained advantage from the recovery of the automotive industry in Thailand, resulting in high growth in sales for FDM Technology Co., Ltd, a subsidiary with its main customers in the automotive industry

revenue of THB 1,004.22 million, increasing THB 178.01 million, or 21.55% from 2016. The increase in revenue is mainly due to the growth in revenue from the Company and subsidiaries in Thailand, which

14 November 2018 Subject: Management Discussion and Analysis for the Nine-Month Period Ended September 30, 2018 To: Directors and Managers The Stock Exchange of Thailand Halcyon Technology Public

the key drivers of sustainable growth in Thailand. Importantly, green investments are not only beneficial for the environment, but they also impact bottom lines positively in the medium to long term

major customers, new model launch and new product launch led to higher revenues. Thailand operations were very strong; recording 68.3% growth year-on-year. China and Portugal operation were also strong

volume from customers due to slower production and sales of pickup trucks in Thailand. China and Portugal Operation, on the other hand, recorded a strong growth of 26.8% and 13.7% year-on-year respectively

and strengthening domestic demand, growth in the ASEAN-5 (Indonesia, Malaysia, the Philippines, Thailand, and Singapore) economies is projected to remain robust at around 5% for the fourth quarter of

bodies in Thailand, Malaysia, Indonesia and India, the growth projection for all countries combined is expected at approximately 39% in 2021 as compared to 2020. Specifically, for INGRS, the start of

main driver behind higher revenues. Thailand operations were strong; recording 18.4% growth year-on-year. China operations were also strong, recording 63.9% growth year-on-year due to an increase of

is the key factor driven domestic’s consumption and investment. Bank of Thailand has revised down its growth forecast for Thailand's gross domestic product this year to 3.8 percent from 4.0 percent