while revenue from residential projects is expected to increase in 2H19 and accordingly with CPN’s business plan. In 2Q19, growth in the Thai economy decelerated primarily driven by a decline in export
and according to target. In 3Q19, growth in the Thai economy decelerated primarily driven by a decline in export growth from world-trade sluggish effecting from Trade War. However, the Thai economy is
employment, particularly in export-related manufacturing sectors. Public expenditure and private investment decelerated owing to the delay in some infrastructure investment projects, the slowdown of economic
award from government authority which can be delayed or slip from various reasons. Therefore, company may consider the utilization of proceed to other projects if such projects can generate higher profit
invest and operate in that business. Including the payments of trade accounts receivable is likely to be delayed over the previous year partly due to the increase in trade accounts receivable of health and
immediately transfer the land ownership to the Company, therefore the Company decides to use the borrowed fund to pay for the Land at On-nut to decrease the risk of delayed payment and the change of no-return
. The Committee viewed that the Thai economy would expand at a slower rate in 2020 than previously forecasted and much further below its potential due to the outbreak of coronavirus, the delayed enactment
business due to the seasonal epidemics and diseases that come with the rain, lead to an increase in medical service utilizations. Moreover, the Company believes that demand for medical services that delayed
lower demand from foreign trading partners affecting the export sector. The local political uncertainties that arose in this quarter further added pressure and caused delayed investment decisions in
, VGA products were in extremely high demand, further exacerbated by delayed imports, resulting in shortage and skyrocketing price in response to market dynamics. However, in 2022, the shortage of VGA