investment. Since the crude oil prices gradually increased in line with the global economic recovery and OPEC continued its descending crude oil production. This affected the Company’s raw material prices
due to the higher average sales volume of metal products, but the average selling price has decreased in line with the global price of raw materials compared to the same period of the previous year. The
compared to the same period of a year earlier, the main reason is the increasing in sales of stainless steel sheets, coil and pipe. The average selling price has risen from the previous year, in line with
. Overall market environment The Thai economy continued to expand mainly from 2 key drivers relating to external factors, in line with the recovery of the overall global economic conditions (Global
the underpricing of risks. The Thai economy in 2017 is expected to grow by 3-4 percent. The main growth drivers include export growth, in line with global economic recovery, that would propel production
2018 Page 17/21 Overview of the Stock Exchange of Thailand In line with global equities, Thai stocks saw another year of unusual volatility in 2018 of which investor confidence was affected considerably
, its growth projection for 2019 was revised downward to 3.5 percent, in line with slowing global trade volume and the risk of the UK leaving the EU without formal agreements. Meanwhile, developed and
and Risk Factors 2.1 Credit Risk Management The Thai economy recorded less-than-expected growth in line with a global slowdown. The weakness was mainly seen in major Thai economic sectors, especially