had a total increase of THB 46.96 million (related transactions eliminated). The local subsidiaries gained advantage from the recovery of the automotive industry in Thailand, resulting in continuous
Company, including being responsible for and approving all risk matters and will also be a member of the Risk Management Committee and all its sub-committees as well as the Debt Recovery Committee and the
branded sales continued to grow remarkably by c.60%, while domestic CMG are back on track for growth from recovered sales plus good feedback of the new product. Q3/2017 sales grew 9% QoQ due to recovery
subsidiaries had a total revenue of THB 757.67 million, increasing THB 168.88 million, or 28.00%, from the same nine-month period in 2016. The increase in revenue is mainly due to the recovery in the Hard Disk
) Management’s Discussion and Analysis | 2 Executive Summary In 2017, palm oil production in domestic and international market had improved since recovery from drought causing by El Nino effect in 2016. As palm
had a total increase of THB 65.05 million (related transactions eliminated). The local subsidiaries gained advantage from the recovery of the automotive industry in Thailand, resulting in high growth in
personal loan and hire purchase products as well as continued growth from bad debt recovery by 32% y-y. The revenue from overseas subsidiaries grew by 63% y-y. In addition, in the fourth quarter of 2019, the
lockdown in Thailand was lifted and business activities resumed in this quarter. However, economic recovery remained vulnerable as service sector continued to be impacted by the absence of foreign tourists
-phase capacity expansion for the new factory will be completed by the end of Q2/2019 in time to support the recovery of the HDD industry as mentioned. The importing and selling of Standard Cutting Tools
the employee benefit expenses and other operating expenses to support the Group’s business expansion was offset by the decrease in financing cost on lower borrowings and the debt recovery from the