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Thailand AAPICO projects 40% YoY decline in 2020 total revenue though Q1/2020 net profit reaches THB 321 million

AAPICO Hitech PLC (AH) revealed that its net profit in Q1/2020 reached THB 321 million, up over 48% from Q1/2019 net profit. However, the firm said there is high chance of seeing loss in its Q2/2020, following the continuing decline in local automotive industry from the beginning of 2020 as an impact of the coronavir....

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