. 15.5% over the same period of last year. Sales growth remains driven by Power Electronics business group, especially power supplies for automotive sector (Electric Vehicle Solutions) which increased from
, driven by new business models that enable them to reach a mass market. Despite their technical expertise, these companies are unable to enter the market because of regulatory hurdles. Therefore
is driven by the Digital Infrastructure for Capital Market Steering Committee, which is chaired by the SEC and consists of members from several organizations; for example, the Fiscal Policy Office
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881 www.aapico.com Management Discussion and Analysis for the 2nd quarter of year 2019 2 Total revenue grew by 11.1% year-on-year, driven by higher sales from the automotive parts segment. Interest
from sales was -0.7% driven by 30.4% decline in OEM sales, particularly from OEM bottles as a result of major maintenance of a furnace in Ayutthaya early this year. Domestic Beverage including C-Vitt
traction from the first quarter. The ongoing economic rebound was mainly driven by exports and tourism, whereas domestic spending and investment only gradually picked up. Still, the economy has yet to see
automotive parts in Thailand, in line with the industry trend. Cost of sales and services Driven by higher sales, cost of sales and services increased year-on-year. Gross profit margin as a percentage of sales
driven by lower sales of matured branches in conjunction with the slowdown in the country’s economic conditions and competitive landscape in the industry. However, revenues from branches in the ramp-up
continued to gradually expand in the second quarter, driven primarily by the export and tourism sectors, as well as an increase in the price of rice after a prolonged period of stagnation. However, these