contraction was -3% vs Q1 2019. This will be much worse in Q2 with a double-digit contraction, and on annualized basis, the IMF forecast for Thailand is now -6.5% in FY 2020 with a bounce back expected in 2021
trend development was more than offset by the continued positive growth sentiment of advertising spending in November and December 2017, driven by the economic rebound in exports, tourism and automotive
like Hygiene fibers and Lifestyle, where as some are high performance like Mobility though linked to global GDP and auto manufacturing. We have seen good rebound in our fibers business in the early part
to the consolidated financial results of Golden Lime. 2. Outlook The global Covid-19 pandemic will affect the Thai GDP negatively by 6-8% this year as of BOT projections, while in FY 2021 with a bounce
a liquidity constraint from the financial crisis in 1997. EMC group went into the rehabilitation process with the central court of bankruptcy and led to the recover process after such event. Until
is expected to be around 1-2% to the full-year performance, which has already been factored into our full-year forecast. We expect that the advertising segment will rebound after the mourning period as
expenses until the end of Q3/2020 since retail traffic does not rebound to the pre-pandemic level. At the same time, the Company has also saved administrative expenses from offering head-office employee to
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
increase the difficulty of estimating absolute emissions savings Transport systems are dynamic systems subject to well-known feedback effects such as induced demand, fuel efficiency rebound effects and
. With these, we emphasize on driving growth in core service revenue across all business segments. • Mobile revenue is expected to rebound – AIS strives to leverage 5G to gain revenue market share