economic slowdown resulting in declining export and plunging tourists’ spending especially Chinese tourists. The instability in Thailand politic and election in March 2019 slowed public investment. High
million baht or equivalent to 6.97% compared to the same period last year due to the situation of Thai economy that was slowed down. Spending and government investment were slightly driven the economy
-operating spending on the preparation of facilities and production lines to support the ongoing process of exporting its manufactured goods destined for customers in USA and Europe expected to start in this
6.10 million and decreasing in sales and administrative expenses because The Company has tightened spending. Please be informed accordingly Yours sincerely, K.C. Metalsheet Public Company Limited
additional support from the government project. Meanwhile, government spending remains the main supporting factor for the Thai economy even in this quarter slowed down as the delayed in budget disbursement. As
-19 has had limited direct impact to-date on IVL’s global production footprint as only ~4% of EBITDA from China; IVL continues to monitor further downside risks globally Volumes lost in 2019 from
additional support from the government project. Meanwhile, government spending remains the main supporting factor for the Thai economy even in this quarter slowed down as the delayed in budget disbursement. As
consumption picked up across all spending categories thanks to improvements in domestic demand supported by various government stimulus measures. Private investment expanded at a higher rate, driven by real
Budget Act and drought. Furthermore, domestic spending may be limited due to weakening purchasing power and hefty household debt. Apart from economic woes, businesses face numerous other challenges that
increasing 48.52 million or 26.06%, cause by the Company had administrative expense increase of Baht 11.40 million which is mostly caused by the company closely monitor collection and accelerated disposal of