decreased 9.79 million Baht, or 2.91% from the same period of previous year due to the slowing of the economy. Investment and government expenditure were not enough to drive the economy. While the private
level of household debt and conservative spending are continue to hinder domestic consumption by limiting consumption with only necessary items, decreasing in spending frequency and low- price. The
. Government spending and government investment did not drive the economy fully. Meanwhile, the investment of private sector was slowed down, household sectors from various sectors paid more attention on
Baht 1,524.65 million of which hospital and service revenues totally raised by 7.48% which was mainly driven by the increasing hospital visits via growing healthcare spending (though during the operating
sales continue to grow significantly this quarter. Also, the Company has undertaken various promotional activities to encourage customers’ spending, such as organizing the 31st HomePro Expo in July, the
consumption and investment. The slower growth is expected to continue in 3Q19 since the external factors remain unsolved. Although private consumption was supported by sales promotion and government measures
delay of the Fiscal Expenditure 2020 Budget Act causing by various economic factors. As a result, the Company's sales revenue was Baht 211.37 million. It decreased Baht 70.16 million or equivalent to
well as other marketplaces e.g. Shopee, Lazada etc. Industry Overview Thai economy in 4Q19 was slowdown. On the domestic front, private consumption indicators suggested expansion in all spending
Yai, Chachoengsao and Rayong Branch (which started operating since 1 November 2018)). Industry Overview In 3Q18, Thailand’s overall economic growth accelerated from all major spending categories
slowdown in domestic consumption which reflected in sluggish spending in fast moving consumer goods (FMCG). Proportion of each market segment and growth is as shown in figure 2 (Source: Nielsen). Figure 2