stemmed from the relocation of the manufacturing base of hard disk drive to Thailand earlier. Meanwhile, public spending in capital expenditure slightly declined from the high base of last year. For export
year. The high increased for the passenger car segment are the results of the low base of previous year, the launch of new car models, new car purchase from the end of the first car scheme and the
year. The high increased for the passenger car segment are the results of the low base of previous year, the launch of new car models, new car purchase from the end of the first car scheme and the
namely 1) Structural changes in Thai economy, particularly high level of household debt, that leads to low level of consumption 2) Escalating trade tension between US and the rest of the world, which could
expansion for the year 2018 to be 4.5% from earlier projection of 4.2%. Despite the improving economy, there are challenges ahead namely 1) Structural changes in Thai economy, particularly high level of
due in part to the decline in export of electrical appliances, washing machines and solar cells from the US tax increase and the effect from high base of last year. Exports of electronic products also
due in part to the decline in export of electrical appliances, washing machines and solar cells from the US tax increase and the effect from high base of last year. Exports of electronic products also
consumption recovery and the high household debt. The Company keeps focusing on house brand products to emphasize FN brand awareness and increase FN brand equity in a long run. The Company was able to maintain
quarter of the previous year, due to an improved performance of the Company’s investments. The Company’s gains and return on financial instruments were derived from a variety of products, including
by relying on consumers’ higher purchasing power. Moreover, retail players need to prepare for E-Commerce business which presents high growth lately. (Source : EIC Outlook Q2/2018) Performance Analysis