Securities and Exchange Commission Independent Audit Inspection Activities Report THE ROAD LEADING TO GROWTH 2013 This report is available for download on the SEC website: www.sec.or.th Contact For more information, please contact us at: Securities and Exchange Commission,Thailand 333/3 Vibhavadi-Rangsit Road, Chomphon, Chatuchak, Bangkok 10900, Thailand Tel : +66 2 263 6082 or +66 2 263 6218 e-mail : oca@sec.or.th Root cause analysis Activities for enhancing audit quality Suggestions on how to...
do foresee that this business will pick-up in Q4 and next year, even if the sector in general remains under stress, as our new pioneering flux product gains traction replacing imported alternative
to put pressure on consumers’ mobile spending. Unlike 1Q21, there were no government stimulus campaigns aimed at boosting consumer spending in this quarter. Mobile competition remained aggressive due
$/BBL, a decline of 1.51 $/BBL compared to 2018, due to pressures from the tense situation engendered by the trade war between the US and China causing the Gasoline demand to retract and further pressure
to maintain the positive trend we saw since 2018 and despite the competitive pressure. Depreciation was in line with the same period last year and given that are no major investments this will be
ease this pressure, and with the upward trend in prices, we will continue to expect healthy margins.” 2. Outlook Overall Thai economic activity in the first quarter of 2018 beat expectations with an
the 3rd quarter of this year which measured by the number of exported containers was increased, resulting to transportation costs was increased. Also, there are pressure factors in Thai Baht
expenditure because there was a problem of purchase power and incomes that remained not recovered. Household income in agriculture sector remained encounter with additional pressure from the flood situation in
control systems such as rules and procedures, company culture is influenced by peer pressure and social construction of reality (Griffin, Li, and Xu, 2021). One problem that has made studying corporate
power was limited following rising energy price and inflation. The increased cost of living put pressure on consumers to spend wisely and reduced costs where required. The economic recovery benefited