agricultural products. However, the government has been trying to stimulate the economy and revive consumer confidence by launching economic stimulus measures such as "Shopping for the Nation", which was held
prices for most agricultural products remain low, resulting in a fragile recovery in consumption. This has also been effected by the reduction of spending stimulus measures by the government compared to
of income from investment in associate 0.42 0.25 0.17 68.0% Corporate Income tax expenses -14.11 -14.83 0.72 -4.9% Net profit for the period 56.90 59.32 -2.42 -4.1% Profit Sharing for non-controlling
overall economic conditions have dampened consumers’ spending, despite a spate of government stimulus measures such as the state welfare card and the ‘Eat, Shop and Spend’ project in the second half of 2019
tourists. Nevertheless, going forward, if government’s stimulus measures in investment, tourism and consumption successfully implement. The impact would positively support overall economy. (Source : SCB EIC
from July 2020 with a promising growth. 2 Profit/(Loss) After Taxation (“PAT”)/(“LAT”) 2.1 PAT/(LAT) for the 3-months ended 31 July 2020 INGRS registered loss after taxation of Baht 107.53 million for
of income from investment in associate 0.25 0.40 -0.15 -37.5% Corporate Income tax expenses -14.83 -11.74 -3.09 26.3% Net profit for the period 59.32 47.10 12.22 25.9% Profit Sharing for non
. Spending was boosted by the government’s stimulus measures and the export sector was supported by brightening global economic prospects. However, any potential Thai economic recovery over the rest of the
previous quarterly. To: The President The Stock Exchange of Thailand COVID-19 outbreak that pressures global economies into recession Governments around the world therefore issue stimulus measures such as