as well as investment in machinery and equipment as exhibited by the decreased in domestic equipment sales and decreased in number of registered vehicles for investment purposes, the decline is also
the decline in import of capital goods and the number of registered vehicles. Public spending excluding transfers contracted yoy from current expenditures while capital expenditures grew from the
import of capital goods and the number of registered vehicles. Public spending excluding transfers contracted yoy from current expenditures while capital expenditures grew from the expenditures of state
operations were also growing, recording 2.9% growth year-on-year. However, China operations decreased slightly by 8.4% due to the expiration of purchase tax incentives for combustion engine cars and subsidies
to the decrease in the production of Thai automobiles and motorcycles. The Company, as the 1st Tier and 2nd Tier rubber part manufacturer, gets impact directly from the abovementioned situation. This
sectors, consumption and investment continued to recover, though not yet at broad-based level. Domestic consumption recovered in the durable goods section especially in the vehicles and service sector from
, consumption and investment continued to recover, though not yet at broad-based level. Domestic consumption recovered in the durable goods section especially in the vehicles and service sector from tourism
equipment sales and increased in number of registered vehicles for investment purposes. Exports during the first 2 months of 2019 registered a slight increase of 0.2% yoy, decelerating from the same period
global economy. For domestic sector, private consumption and private investment also showed positive signs with private consumption recovering strongly in the durable goods segment (especially in vehicles
economy. For domestic sector, private consumption and private investment also showed positive signs with private consumption recovering strongly in the durable goods segment (especially in vehicles) and