effectiveness of pandemic control and vaccine development, the economic damage may be worse than what was seen during the 1997 financial crisis. Given volatility in the financial market and real sector which had
showing an expansion with sales for the first five months totaled 437,722 units, growth of 9.1%. The passenger vehicle and commercial vehicle segment expanded by 11.7% and 7.5% yoy respectively with growth
high level of household debt limiting household consumptions. Meanwhile, in the auto industry, the total number of car sales for the first six months of 2019 still showed an expansion with sales for the
first quarter of 2018 continued to expand from the external sectors namely exports and tourism in line with the expansion of the global economy. Public spending also increased, recovering from a decline
2018 continued to expand from the external sectors namely exports and tourism in line with the expansion of the global economy. Public spending also increased, recovering from a decline during the end of
limiting consumptions. For the auto industry, expansion continued during the first 2 months of 2019 with total number of car sales at 160,385 units, growth of 12.9%. The passenger vehicle and commercial
this period of economic volatility, we offered funding support for their business expansion through fund raising via capital markets, along with advisory service provided by KBank specialists to our
during the 1st Quarter 2019. GFPT Group has policy to mitigate risks from foreign exchange rate volatility, which occurred from export sale and raw material importation by hedging forward contract from
the 2nd Quarter 2019. GFPT Group has policy to mitigate risks from foreign exchange rate volatility, which occurred from export sale and raw material importation by hedging forward contract from several
during the 1st Quarter 2020. GFPT Group has policy to mitigate risks from foreign exchange rate volatility, which occurred from export sale and raw material importation by hedging forward contract from