Yai, Chachoengsao, Rayong and Diana Branch. Industry Overview Thailand’s overall economy grew slower than expected in 1Q19 due to domestic and global factors. The biggest impact is from the global
brought by selling and Admin. expense control at slower pace than sales growth rate. Analysis of Financial Position Assets As at 31 March, the group of companies had total assets of THB 1,163.58 million and
equipment. In 2Q17, CPN was able to manage operating costs to continue growing at a considerably slower pace than the growth of revenues. Revenues from rent and services and revenues from hotel operations
but slower than the previous quarter because of the deceleration of exporting sector and the world economy. Merchandise exports were projected to recover more slowly than expected due to the slowdown in
expanded at a slower pace compared to the previous quarter, with merchandise exports contracting as global trade weakened, resulting in a decline in domestic industrial production. Meanwhile, tourism
Commercial Banking In 2019, the Thai economy grew at a slower pace than the previous year and below its potential. Growth is estimated at 2.5%, the lowest level since 2015 and a significant drop from 4.1% in
, we have higher revenue contribution from accounting outsourcing services, hence improving our recurring revenue in Financial Solutions while ERP implementation have a slower quarter due to early stage
was expected to expand at a slower pace compared with the same period last year due to a contraction in merchandise exports and a slowdown in tourism growth resulting from uncertainty about the trade
Commercial Banking In 2019, the Thai economy grew at a slower pace than the previous year and below its potential. Growth is estimated at 2.5%, the lowest level since 2015 and a significant drop from 4.1% in
revenue. Gross Profit As a result of cost of services growing at a slower rate than the growth in revenue, we achieved a gross profit of 85.50mb (Q1 2019: 59.13mb) , an increase of 26.37mb or 44.6% . W e h