follows: Domestic branded sales declined by c.10% YoY but rose 27% QoQ: o Domestic branded fruit juice sales dropped by c.15% YoY following the contraction in domestic spending but grew c.30% QoQ after
stores, have led to a severe contraction of the Thai economy in the 2nd quarter of 2020 which is expected to be the deepest recession ever recorded. On 8 July 2020, the Bank of Thailand further revised
and Baht 2,345.53 million respectively. Cash, trade accounts receivable and inventory decreased by 23.75 million baht, 19.13 million baht and 37.19 million baht respectively, following the contraction
participate in the supply reduction had to stop fuel pipeline transfers, leading to lower production and export of crude oil; alleviating market pressure from excess supplies. Also, active oil rig counts in the
. The downside was mainly stemmed from the impact of export contraction affected by the global economic slowdown, prolonged US-China trade tension and the Baht appreciation. As for economic outlook in
the second half of the year. However, government expenditure was slightly decline as well as the contraction on agricultural and construction sector. The Thai economy in 2018 is expected to expand more
contraction primarily due to burnt products sales volumes down by 17%. On the upside, revenue and EBITDA realized per ton of burnt product sold were up 14% and 1%, as more value addition through higher quality
remains sluggish, resulting in the contraction of advertising expenditures by 11.4% YoY to 26,351mn in the third quarter of 2017. Overall advertising spending was weighed down by TV sector (Analogue TV
%, compared to a growth of 1.5% in the previous quarter, according to data from Bank of Thailand and NESDB. This was mainly from contraction of export sector due to sluggish demand in the global market, oil
from contraction of export sector as global consumer demand weakened. The tourism sector and private consumption grew at a slower pace. On the other hand, the personal loan of commercial banks and