to be temporary. As well, economy of developing countries in Asia still enables to be well expanded by mainly receiving supportive factors from recovery of domestic demand, which includes a direction
debt recovery increased by 7% y-y as well as revenue growth from overseas subsidiaries by 46% y-y. As of May 31, 2020, the Company has active customers more than 2 million IDs, mainly from Bangkok 31
previous year, compared with the net profit of Baht 176.56 million in previous year. The overall increase in sales is due to the recovery of the Thai economy in 2017, driven by strong tourism, exports and
. Higher sales came from stainless steel sheets, coils and automotive exhaust pipes. In general, the demand for stainless steel has increased as a result of the well recovery of the domestic economy by the
1st quarter of 2021, as follows: Business Overview The Thai economy in the first quarter of 2021 was pressured by the domestic COVID-19 situation that impacted the country’s economic recovery momentum
containing the COVID-19, economic growth is forecasted to contract by -7.8%1; the lowest growth among ASEAN countries. In addition, a range of political issues are loading to an uncertain economic recovery
attributable to strong recovery of automotive parts business, especially in China and Thailand. Dealership businesses contributed lower growth in 2021 due largely to Covid-19 driven issues. Malaysia went through
% to 206,391 units due to economic recovery and new car models. Export volume increased by 25.9% to 256,800 units due to easing of semiconductors shortage and some parts of some car models became
will help investors make data-driven decisions and drive sustainable investment in Thailand, enabling a strong recovery from the pandemic.” Ms. Fabienne Michaux, Director of SDG Impact, concluded