, tighter global supply/demand balance and robust operational performance across our assets. Quarterly 6-Month 2Q18 1Q18 2Q17 2Q18 YoY 1H18 1H17 6M YoY Production Volume (k tons) 2,546 2,325 2,223 15% 4,871

entities, obligors, originators, underwriters, and arrangers, on one side, and users of credit ratings on the other. Rating analyses of low quality or produced through a process of questionable integrity are

together with robust capital fund and reserves. LH Financial Group Public Company Limited Management Discussion and Analysis for the Third Quarter ended 30 September 2020 Page 4/19 Credit Rating LH Financial

quality and maintain the allowance for doubtful accounts at the appropriate level. The Bank’s balance sheet remained healthy with robust capital and liquidity positions. At the end of third quarter 2019

, notably low carbon footprint, will keep demand for PET and packaging robust. Combined PET segment delivered US$ 17M in efficiency gains from Project Olympus Integrated Oxides and Derivatives (IOD) IOD

reduce the asymmetry of information that exists between rated entities, obligors, originators, underwriters, and arrangers, on one side, and users of credit ratings on the other. Rating analyses of low

due to lower consumer confidence and overall consumption. Demand for housing loans also fell, especially low-rise housing. Going forward, financial institutions expect increasing demand for loans from