million or by 29% year-on-year results from effective ‘rightsize’ strategy of the Company that initiated during the previous quarters. However, SG&A to sales at 152%, increased from the previous year at 42
entities in the capital market on a continuing basis. Moreover, the SEC carried on with the existing projects and initiated new ones to develop a sustainable growth of the capital market. One of the
, several Cost saving measures have been initiated by the Company and subsidiary to reduce costs. Management Discussion and Analysis Quarter 2 Ending 30 June 2020 G Steel Public Company Limited Page 5/7
. In order to maintain overall financial results, the Company has initiated strategies focused on improvements in operational efficiency and expense control, such as adapting to the ‘new normal’ of
improvement in the Company’s performance in the second half of this year from billboard network expansion, an improvement in media utilisation rate and consolidation of the newly-acquired subsidiaries, Trans.Ad
tax cut packages and accommodative fiscal policy. Broadly speaking, both developed and developing economies, excluding China, showed signs of improvement in concert. Looking forward, the global economic
Management and Risk Factors 2.1 Credit Risk Management In the third quarter of 2017, the Thai economy enjoyed better-than-expected growth on upbeat exports in line with trade partners’ economic improvement, a
durable goods. The Thai economy hence showed ongoing improvement from the first quarter. Nonetheless, the economic expansion, which was still limited and uneven, affected the performance of KBank and our
landscape of the capital market. In 2019, the SEC initiated to revisit the whole legislative structure regarding the supervision of auditing professions in Thailand for the first time to enhance the
and administrative expenses increased by Baht 2.12 million or 2.59% the main reasons are the expenses incurred from the expansion of subsidiaries, staff cost and expenses of hospital quality improvement