pressuring net profit margin 2) higher depreciation resulted from additional investments in plant, machinery, and office renovations to improve production efficiency and reduce production cost, in order to
investment in machinery to improve production efficiency and reduce production cost, in order to prepare for an increased level of production in the future. Q3/2017 net profit rebounded remarkably by 27% QoQ
the world market compared to the same period of the previous year as well as the rise in weight of sales of sheet, coil and pipe have increased in line with the economic conditions in the country, which
exports will gradually improve global economy. There are also factors that may affect the value of exports, such as the Thai baht appreciation. Domestic economic conditions are expected to be boosted by
, resulting in an increase in the unemployment rate. The impact of COVID-19 was felt globally, and the state of emergency was declared in Thailand, resulting in disrupted economic activities whereby certain
measurements, global lockdown, and international travel restrictions that led to the collapse of tourist arrival numbers. Plus, Thai export and import slumped on the weak demand which dampened domestic economic
1st quarter of 2021, as follows: Business Overview The Thai economy in the first quarter of 2021 was pressured by the domestic COVID-19 situation that impacted the country’s economic recovery momentum
and Economic Teak Plantation and not receiving money from a large receivable who is in the process of paying. Trade and other receivables increased by 584.7 million baht or an increase of 30.9%. This is
reflects the company’s determination to enhance its sustainability information reporting in accordance with the Sustainable Development Goal, SDG 12.6. Economic Overview and Competition in Commercial Banking