last year at 17.14% due to the declining in sales whereas depreciation was higher from machine acquisition and plant and equipment improvement expenditure. 3. The consolidated net profit margin was 1.3

consolidated gross profit margin was 14.65%, decreased from last year at 16.93% due to the declining in sales whereas depreciation was higher from machine acquisition and plant and equipment improvement

expected due to declining global trade volumes and the slower economic growth of major trading partners, which were affected by trade tensions between the US and China. Export growth has been negatively

profit of Baht 6 million; an increase of Baht 68 million in term of profit compared to Q2/2019, which has a net loss of Baht 62 million. According to the declining of contract revenue, most major projects

/2019), due to the declining number of Chinese tourists visiting Thailand by more than 90 percent after the Chinese New Year festival, closure of certain stores, restricted commute to crowded areas and

quarter of 2019 continued to expand driven mainly by domestic demands. Private consumption expanded in all categories supported by the improvement in purchasing power from the rise in farm and non-farm

fragile economy with signs of global economic slowdown despite a continuous recovery in Thailand’s tourism and the improvement in inflation that helped boost private consumptions and economic activities. In

to grow slower than forecasted. It was mainly due to the weakening export sector which attributed to the declining demand worldwide, resulting in the stagnant economic growth in several major trading

economic slowdown resulting in declining export and plunging tourists’ spending especially Chinese tourists. The instability in Thailand politic and election in March 2019 slowed public investment. High

of the year and its impact to exporters. For the last quarter of 2017, although the Thai economy shows positive signs of improvement in line with the global economic conditions, 3 areas still remain to