debt recovery increased by 7% y-y as well as revenue growth from overseas subsidiaries by 46% y-y. As of May 31, 2020, the Company has active customers more than 2 million IDs, mainly from Bangkok 31
previous year, compared with the net profit of Baht 176.56 million in previous year. The overall increase in sales is due to the recovery of the Thai economy in 2017, driven by strong tourism, exports and
. Higher sales came from stainless steel sheets, coils and automotive exhaust pipes. In general, the demand for stainless steel has increased as a result of the well recovery of the domestic economy by the
debt recovery increased by 7% y-y as well as revenue growth from overseas subsidiaries by 46% y-y. As of May 31, 2020, the Company has active customers more than 2 million IDs, mainly from Bangkok 31
1st quarter of 2021, as follows: Business Overview The Thai economy in the first quarter of 2021 was pressured by the domestic COVID-19 situation that impacted the country’s economic recovery momentum
% to 206,391 units due to economic recovery and new car models. Export volume increased by 25.9% to 256,800 units due to easing of semiconductors shortage and some parts of some car models became
will help investors make data-driven decisions and drive sustainable investment in Thailand, enabling a strong recovery from the pandemic.” Ms. Fabienne Michaux, Director of SDG Impact, concluded
recovery during the latter half of this year. In the second quarter, the Thai economy saw slower growth of 2.3 percent, compared to the 2.8 percent in the first quarter. Broadly speaking, the Thai economy
throughout the global market continue to increase since early October to December 2019 from the efforts of the OPEC members to 15 Management Discussion and Analysis of Business Operation for FY2019 Bangchak
recovery in EU economy and the start of mass production of this product, resulting in a continuous sales growth since last year. However, sales of Telecom Power System (TPS) products declined 13.3% from the