and lower operating rates in several fiber manufacturing units. As all of these set of issues are now behind us, improved earnings from the EMEA region will have a further positive earnings impact for
Competition 1.1 Electricity industry and Economic situation in Thailand In 2017, Thailand’s peak demand was 28,578 megawatts on 4 May at 02.20 pm, lower than the peak demand of 29,619 megawatts in 2016 by 3.51
business to record a lower market gross refinery margin (GRM) compared to Q2/2018. However, market GRM (Restate) 7/ Management Discussion and Analysis of Business Operation for Q2/2019 Bangchak Corporation
., and 9.05 percent of the shares in the Company through T.J.P. Engineering Co., Ltd., having the total direct and indirect shareholding in the Company of 50.91 percent of the total issued shares) (the
which Ratchaburi Electricity Generating Company Limited, the Company’s direct subsidiary, holds 35 percent stake), the operator of Berkprai Cogeneration SPP Project, has entered into the Engineering
Regional Services Co., Ltd. and 9.05 percent of the shares in the Company through T.J.P. Engineering Co., Ltd.; thus, having the total direct and indirect shareholding in the Company of 50.91 percent of the
of 2016 by 10.1 percent. For the nine-month period, the Company has total revenue of 20,252.4 million baht, lower by 1.3 percent when compared to the same period in 2016. Despite the growth in number
days to less than 10 days more recently. Lower inventory levels of PTA, higher demand growth and lesser capacity addition cre- ate a positive outlook for the Asian PTA industry. IVL has seen the