is due to the decrease in gross profit between Q1 and Q3 compared to the same period of last year. This decrease was mainly due to lower overall private consumption resulted from the concerns over the
consumption remained subdued amid concerns about the ongoing Omicron outbreak and rising inflation. The demand from the traveler segment also remained soft albeit slight increase in tourist arrivals. These have
business sectors remained cautious in investment spending awaiting clarity on the political situation and ongoing geopolitical concerns that impact the global economy. The mobile industry demonstrated signs
marketing with business partners. However, in regards to the current economic situation which is in an improved trend but the risks to asset quality remained in concerns. The Company therefore remains
with business partners. However, in regards to the current economic situation which is in an improved trend but the risks to asset quality remained in concerns. The Company therefore remains cautious in
, in regards to the current economic situation which is in an improved trend but the risks to asset quality remained in concerns. The Company therefore remains cautious in expanding high-risk loans. As
quality remained in concerns. The Company, therefore, proceeds with high-risk financial products with caution, as well as, expands the target group to customers with more stable incomes. As of May 31, 2024
possibility of an extension of the oil production reduction policy that originally was due to end in March 2018, along with the supply concerns that arose with Kurdistan’s referendum to separate from Iraq which
oil price is further backed by concerns over supply after the replacement of the US Secretary of State, creating tension that the US may revisit its sanction policy on Iran with respect to the country’s
external factors were mainly from lower than expected domestic economic growth, consumer’s cautiousness on sugar consumption as well as concerns over the global economic situation impacted by trade war