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
eliminated), while the three subsidiaries in Thailand had a total increase of THB 10.72 million (related transactions eliminated). The local subsidiaries gained advantage from the recovery of the automotive
gained advantage from the recovery of the automotive industry in Thailand, resulting in high growth in sales for FDM Technology Co., Ltd, a subsidiary with its main customers in the automotive industry
same direction with Sales revenues at 16.2% which was driven by the strong recovery of Sales Revenue and have got less impact from the appreciation of THB/USD. Net profit in this quarter amount Baht
. Industry fundamentals continue to be positive, led by strong downstream demand growth, limited new supply and on-going restructuring seen in the PET and PTA industry. Significant recovery in Asia PTA margins
respectively. However, the quick recovery of Malaysian operations has cushioned the overall losses for the quarter. It is expected that operation in Thailand will be improved to almost 65% in the next quarter