to maintain the positive trend we saw since 2018 and despite the competitive pressure. Depreciation was in line with the same period last year and given that are no major investments this will be
ease this pressure, and with the upward trend in prices, we will continue to expect healthy margins.” 2. Outlook Overall Thai economic activity in the first quarter of 2018 beat expectations with an
397.1mn in Q1/2019. GPM in this quarter also decreased to 11.7% from 28.6% in Q1/2019. The pressure on the GPM in this quarter was because the economic downturn which started since late 2019 had caused the
Vietnam, which demonstrated the strongest GDP growth in ASEAN with an estimated growth at 1.6%2 in 2020. On the domestic side, Thailand’s economic outlook remains uncertain due to pressure on both the
increase in the policy interest rate to cope with the pressure from the high inflation rate in the country, the Company was still able to effectively manage its financial costs. The Company recorded
pressure when the EQr has a reporting line to the engagement partner? 3 Has the firm established responses to address quality risks that set forth the criteria for eligibility of individuals who assist the
Translation (UNOFFICIAL TRANSLATION) Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference. The SEC, Thailand can
the appreciation of the Thai Baht has led to the destination shift among the country’s target tourists. These factors have, undoubtedly, put pressure on the hospitality industry, which is the main
the appreciation of the Thai Baht has led to the destination shift among the country’s target tourists. These factors have, undoubtedly, put pressure on the hospitality industry, which is the main
the appreciation of the Thai Baht has led to the destination shift among the country’s target tourists. These factors have, undoubtedly, put pressure on the hospitality industry, which is the main