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Thailand Somboon Advance forecasts 7-10% decline in 2020 revenue
Reported on March 18, 2020, Somboon Advance Technology Plc (SAT) projected its total revenue in 2020 to drop 7-10% from 2019 revenue which reached THB 8.2 billion. This gloomy projection was set, following the sluggish local automotive industry, of which total car production in 2020 is predicted to drop to 1.9 millio....
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