shrank from the economic slowdown, as operators opted to invest in process improvement and efficiency enhancements, as well as introduction of technology to reduce costs. EEC area is also slowing down, but

main drivers namely export and tourism sectors potentially slowing down partly from the continue trade tensions between the US and China. Meanwhile, consumption could potentially be limited by the

1 % Y o Y - 1 7 % Y o Y - 2 1 % Y o Y - 1 7 % Y o Y -10% YoY Page 3  Export branded sales continued to grow by c.10%. The growth was slowing down due to a stronger baht against the US dollar, while

tourism sectors potentially slowing down partly from the continue trade tensions between the US and China. Meanwhile, consumption could potentially be limited by the depressions in farm income and high

2019 showed a slowing down trend with sales for the first eight months totaled 685,652 units, growth of 4.2%. The passenger vehicle and commercial vehicle segment expanded by 6.0% and 3.1% yoy. The slow

showed a slowing down trend with sales for the first 9 months totaled 761,847 units, growth of 2.0%. The passenger vehicle and commercial vehicle segment expanded by 5.0% and 0.2% yoy. The slow growth is

the most as some border checkpoints are still closed, resulting in higher costs of import and transportation to overseas countries, less competitiveness, as well as export customers slowing down import

natural fatty alcohols sales volume by 8,903 tons or 27% stood at 24,539 tons caused by the shutdown for maintenance and catalyst changing in December 2019 for 15 days and slowing down purchasing power due

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

sales was caused by the fact that most countries in AEC market were also affected by the slowing global economy. Profit for the period L&E’s consolidated profit for the period of Q3/2019 was posted at