PowerPoint Presentation ©2015 Morningstar, Inc. All rights reserved. Kittikun Tanaratpattanakit Senior Research Analyst Morningstar Research (Thailand) Ltd. Intelligent Financial Planning Decisions 2
Bangkok. In contrast the prices of agricultural products remain at a low level, albeit slightly improved. As a result, consumer spending in the agricultural sector continued to be slow. Sales at HomePro in
, coupled with high excess production capacity, resulted in a contraction in private investment. However, public spending continued to grow from current expenditure through disbursals for public health
overall economic conditions have dampened consumers’ spending, despite a spate of government stimulus measures such as the state welfare card and the ‘Eat, Shop and Spend’ project in the second half of 2019
. The domestic economy recovered at a modest pace. Public spending and private consumption remained to be the main growth drivers. Private investment remained at a similar level compared to the same
future employment prospects. These factors are causing customers to be cautious and delay spending related to home decoration or renovation. During the first nine months, the Company’s total revenues and
prices for most agricultural products remain low, resulting in a fragile recovery in consumption. This has also been effected by the reduction of spending stimulus measures by the government compared to
prices for most agricultural products remain low, resulting in a fragile recovery in consumption. This has also been effected by the reduction of spending stimulus measures by the government compared to
at HomePro, Mega Home and HomePro in Malaysia. Moreover, the Company organized various marketing activities throughout the period with the aim of stimulating consumer spending. Activities included the
promotional activities to stimulate customer spending. HomePro Fair was held in Muang Thong Thani in July, as well as further HomePro Fair events in growing locations such as Hat Yai. Additionally, a