Annual Report 2009 1 Annual Report 20092 Over the past year, the Thai economy experienced a recession for the first time since the Asian economic crisis in 1997. The first quarter saw a 7.1 percent contraction as a result of sluggish export in the midst of global financial crisis, diminishing demand of domestic private sector, and lack of confidence in economic and political directions. All these factors played out against a backdrop of weakening economies of our trade partners worldwide, which...
’ equity ratio according to the consolidated Company’s financial statement will decrease from approximately 5.3 times to 4.4 times, which may result in an improvement of the Company’ s capital structure as
the same period last year, respectively. Meanwhile, private consumption increased gradually, as a recovery in purchasing power remained tepid. Private investment has shown signs of improvement
since November 2017, and in 2018, namely Central Phuket Floresta, which was opened since September 2018. • Performance improvement from malls under major renovation in 2017 and gradually open in 2018
significant improvement of 26.9%, following higher rental spaces and improved occupancy rates. • Strong growth from overseas sales was supported by 2 new franchise stores in Vietnam, growth from OEM and trading
2017, overall commercial bank lending increased from the previous quarter and showed sign of improvement in line with the economic condition. However, commercial banks remained cautious in lending as
commercial bank lending increased from the previous quarter and showed sign of improvement in line with the economic condition. However, commercial banks remained cautious in lending as their continue concern
for consumption to decelerate. Government investment expanded as a result of the disbursement for mass transit and telecommunication projects, while private investment, in spite of signs of improvement
cans in the 4th quarter of 2018, making an average monthly sales of 588k cans for the year ending 31 December 2017. Such improvement is a result of our distribution and product differentiation strategy