management from modification and mixing of fuel material to improve combustion resulting in better heat rate and lower fuel consumption per unit and improvement of feedstock procurement process including
material incidents which affect operation of REIT (Milestone) in the past year, for instance, increase of investment or asset disposal of REIT, modification of trust instrument, change in major lessees, and
the momentum from the above mentions, the Thai economy in 2018 was expected to continue expanding which the Bank of Thailand projected to record growth of 4.1 percent (as of March 2018). However, the
with the growth for the passenger car segment and the commercial vehicle segment growing at 21.9% and 6.3% respectively. The Bank in-house research projected the new car sales for the year 2018 to be
% yoy with the growth for the passenger car segment and the commercial vehicle segment growing at 17.8% and 8.7% respectively. The Bank in-house research projected the new car sales for the year 2018 to
, approved projects. Our 2018 and 2019 projected EBITDA excludes announced acquisitions that are yet to be completed. With the recently announced acquisition of 550,000 tons PET facility in Brazil and joint
2019. For 2020, the Thai economy is projected to continue to be in a ‘low growth, low rates’ environment. Main headwinds include: (1) the weakness in global growth particularly the Chinese economic
promotional activities of car manufacturers. Based on the Bank in-house research, new car sales for the year 2017 is projected to increase by 8.0% with total sales of around 830,000 units. In the equity market
headline inflation was projected to be around the lower bound of the inflation target. Overall financial conditions remained conducive to growth, despite pockets of risks to financial stability such as the