sustain its growth. Overall, however, it was plagued by weak exports and tourism amid the global economic slowdown. Aside from these challenges, businesses had to contend with more complex competition
maintained its growth momentum. Similarly, Thailand’s major economic indicators continued to exhibit growth, as evidenced by brighter exports, government spending and private spending on certain items of
measures to release the economic impact. Having considered the above-mentioned circumstances, the Bank of Thailand lowered the Thai economy growth outlook in 2020, from an increase of 1.5-2.5% to a decrease
strong across-the-board growth. The business sector remained challenged by new modes of competition amid the advancing digital age and the rapid pace of technological advancement, together with the
Custom Design power supplies also steadily growth at 7.6% and 6.0% respectively Sales revenues breakdown by geographic location In 2018, sales revenues in Asia market represents the highest proportion, 46
once again in 2019. However, the company has no policy to speculate on the exchange rate but continues its prudent policy in the full hedging on net position of each currency’s exposure to minimize
2020 and the government sector has launched remedial measures to release the economic impact. Having considered the above-mentioned circumstances, the Bank of Thailand lowered the Thai economy growth
growth was chiefly attributed to (i) higher operating revenue from the hotel business in Europe, which contributed operating revenue of THB 1,256mn, an increase of 9.4%YoY or THB 108mn; (ii) consolidation
believe it may be prudent to lower the previous guidance of core EBITDA for 2019 by 10-15%. Our M&A projects continue to drive value-accretive growth. In 2018, the underperforming assets added through M&A