and 4.) other supporting factors, namely government spending to support the low-income citizens and other short-term stimulus packages, as well as private investments to support the increase in
reported its 2017 consolidated net profit at THB 13,568 mn, an increase of 46.8% from the same period in the previous year (YoY). Total revenues stood at THB 34,594 mn, an increase of 18.3% YoY. Excluding
30.8 percent increase from last year, due to the recognition of special profits from the sale of investments. At the end of 2019, loan growth in the Thai commercial banking system decreased to 2.0
activities and spending. The situation has led to an adverse economic effect on individual and business across various sectors, so Thai government has issued measurements such as cash subsidy payment and
while revenue from residential projects is expected to increase in 2H19 and accordingly with CPN’s business plan. In 2Q19, growth in the Thai economy decelerated primarily driven by a decline in export
expenditures of state enterprises. Exports during the first 8 months of 2019 contracted 2.2% from the same period last year with contractions across all categories. Excluding exports of gold, value of exports
enterprises. Exports during the first 9 months of 2019 contracted 2.1% from the same period last year with contractions across all categories. Excluding exports of gold, value of exports contracted 4.0% as a
several measures across our business units to minimize the impact on our profitability and maintain financial flexibility. Current business environment 1. Thailand: We temporarily closed our fashion and
raised its policy rate by a total of 1 percent across four occasions in 2018, prompting US Treasury yields to be on the rise. Given this, Thai bond yields saw an increase in tandem. The Monetary Policy