E_1 Legal_FA_2015_12_29-c A WWCCoorrppLL44..11hhiigg A Executive Summary 1 Management Discussion and Analysis For the Year Ended December 31, 2017 In 2017, Thai economic growth gained traction, buoyed by strong recoveries in tourism and exports. This growth momentum is expected to carry on into 2018, especially amid a brighter outlook in public and private investment. Nonetheless, the business sector remained challenged by new modes of competition in a broader marketplace amid the advancing digi...

market. In addition, there were records of the doubtful debt of the long trade receivables, the employee expenses such as bonus and the provision for penalty on project delay. Therefore, comparing the

% of total assets. Trade Receivables At the end of 2016 and of Q3/2017, the Company reports net trade receivables 229 . 0 0 million THB and 183.37 million THB or equal to 47.71% and 23.17% of total

global economy grew at a decelerating rate in 2019 amid uncertainty surrounding the US- China trade rift and concerns about Brexit which lingered throughout the year. The World Economic Outlook of the

remaining strong.  Rotterdam PTA expansion required a tie-in shutdown lowering PTA production by 45KT. European market is displaying strength which continues in 3Q17 therefore the doubling of PTA output to

. (2.1) and (2.2) 60.23 Deducted by the benefits gained from net profit from the operation in the above item no. (3) None Remaining compensation before a deduction of the outstanding fourth installment

. 22 Million, not to mention the fact that the Company has a policy on sales of products by requiring certain customers to place deposits before production and pay the remaining balance upon delivery of

products by requiring certain customers to place deposits before production and pay the remaining balance upon delivery of the products. In addition, in case of emergency, the Company is still capable of

expanded at a slower pace compared with the same period last year due to a contraction in merchandise exports resulting from uncertainty in the trade policies of major countries and the Baht’s ongoing

. These include uncertainties in US economic and trade policies, Europe’s ongoing regional political problems, and China’s economic restructuring. In addition, the increase in the federal funds rate and the