3.2 percent from the previous forecast of 3.3 percent due mainly to an anticipated slowdown in developing countries and emerging economies, in particular, China, India and ASEAN. The Federal Reserve and

Economic Outlook of the International Monetary Fund for October 2019 cut this year’s global economic growth projection to 3.0 percent from the previous forecast of 3.2 percent. The figure is the lowest

forecast of 3.5 percent, due to anticipated weakness in developed economies throughout the first half of 2019. The global slowdown will not only dampen the international trade and investment atmosphere, but

of the last three financial years on issuer-sponsored research and development activities. D. Trend Information, Profit Forecast and Cash Flow Forecast 1. The issuer should discuss, for at least the

-year performance which has already factored into the Company’s annual growth forecast. Meanwhile, we already have seen signs of improvement in overall advertising sentiment in upcoming November and

activities in the digital world. This trend will likely be evident in the foreseeable future. To cope with this challenge, the business sector, including Thai commercial banks, has become more vigilant in

Association Thailand (“DAAT”) revised up the advertising expenditures to THB 12,000mn, or an expected growth of 29% in 2017 (prior forecast: 24% growth in 2017), mainly driven by the acceleration of internet

domestic marketing activities in the amount of over 20 million Baht to be in line with the situations and revised sales forecast, although the budgets for new channel and product development remained

forecast to strictly control the investment budget and cash flow. Moreover, the Company has closely coordinated with the customers, suppliers and all stakeholders to share information in order to prepare the

) For the next financial year ending 31 January 2022 (“FY2021/22”), INGRS is looking for a promising improvement in automotive industry. In general, from the forecast released by automotive association