outlook, any global economic recovery is expected to be feeble while close attention should be paid to several variables including the outbreak of the COVID-19, the Mid-east conflict and the US Presidential
were continued expansion of the outlets network for the existing brands together with the reopening those outlets closed for renovation last year, sales of premium and CRG Gifts products, and the
excluding LQSF, export branded sales would slightly increase 1% YoY, mainly resulted from recovery in the Company’s major export countries, e.g. Cambodia, China, and Myanmar. Q4/2018 was the first quarter of
recovery during the latter half of this year. In the second quarter, the Thai economy saw slower growth of 2.3 percent, compared to the 2.8 percent in the first quarter. Broadly speaking, the Thai economy
made to quality of service, and expanded the locations of service stations simultaneously with expansion of Non-Oil businesses, the total number of service as of the end of 2019 is more than 1,200
projects ERU +250MW Rayong WTE +10MW Expansion+18MW +2,771MW COD of projects CUP 4 +45MW NL1PC +26MW CUP 3 Expansion +15MW XPCL +321MW +39.5MW Note: Base on 100% in GLOW Q3/2019 Outlook and Business
supporting the expansion of the Company’s core business, as well as investing in various projects; and the amendment of Clause 4 of the Memorandum of Association to be in line with the capital increase. The
the same period last year, respectively. Meanwhile, private consumption increased gradually, as a recovery in purchasing power remained tepid. Private investment has shown signs of improvement
%) on a slower-than-expected recovery of the tourism sector. For the full year 2020, the Thai economy is projected to contract significantly and face several downside risks including (1) the prolonged
a more accommodative stance to shore up the economic recovery, in the wake of its policy rate reduction to 1.50 percent in the August 7, 2019 meeting. Thailand Economic Growth Sources: Office of the