upcoming low seasonality in 3Q24 and uncertainty in the economic outlook. Factors contributing to this caution include revised lower growth estimates for Thai GDP, rising household debt, and sluggish
Competitive Environment In 3Q24, Thailand showed positive sentiment emerged from the resolution of political uncertainty and a clearer economic direction and resuming of budget spending. These factors eased
political uncertainty, leaving the timing and format of Brexit in limbo. Despite these fragilities, the overall global economy was still resilient due to ongoing economic growth in many European countries
fragile, others remained mired in uncertainty in terms of new modes of competition, a broader marketplace within the ASEAN Economic Community (AEC) and the digital age, along with external changes
sq.m., in which the Company has 85% stake in the project. The project represents a distinguished experience and selecting an iconic global brand matching urban lifestyle with green area more than 1,000
cushion against any uncertainty or new regulations. In terms of capital, with the inclusion of net profit for the six months from July to December 2017 and of net profit for the first quarter of 2018 minus
(NESDB) forecasted Thailand’s economy to expand in the range of 3.50% to 4.50% (Mean 4.00%), lower than the expansion of 4.20% in 2018. A lower projection is mainly resulted from the uncertainty of trade
trillion to Baht 5.06 trillion, support from REITs and property funds. Due to the global stock markets were volatile, both from the Fed's policy rate hike And economic uncertainty that made overall stock
to closely monitor credit quality and maintain high levels of capital fund and loan loss provisions to withstand a potential adverse impact from economic uncertainty. Credit Rating LH Financial Group
to uncertainty of global economy primarily from US-China trade war. As aforementioned and the average of natural fatty alcohols price dropped in relation to crude palm kernel oil price softness, the