- denominated debt. Economic Outlook for 2020 In 2020, Thailand’s economic growth will likely slow to the range of 1.9 - 2.3 percent on account of several challenges. External factors include a sharp drop in
experiencing sharp decline of global crude price between November to December 2018. 3. BCP T r a d i n g Pte., Ltd. increased its revenue by 37% from Q4/2018 from increased trading transaction of petroleum
million, resulting from the sharp rise in average crude oil price during the quarter, while in Q2/2017 recorded an inventory loss in the amount of THB 1,010 million (included LCM of THB 7 million). Average
) expects the Thai economy to contract by 6.7 percent. The main factors driving the economic downturn are the contraction in exports of services, predominantly tourism revenues following the sharp fall in the
due to the decrease in Chinese tourists, there was impact from closed partial hotel’s area for renovation Ibis Styles Chiangmai Hotel in the third quarter of 2019 and the smoke pollution crisis in
16.50% compared to the revenue of 2018, mainly due to the decrease in Chinese tourists, there was impact from closed partial hotel’s area for renovation Ibis Styles Chiangmai Hotel in the third quarter of
Chinese tourists in Chiangmai, competition in market we operate and hotel renovation in Phuket. • Overseas hotels: the revenue increased by THB 13.2 million, or 4% yoy, mostly due to the marketing strategy
rate. The increase of property, plant and equipment was due to the investment in MRI and Hemodialysis Centers and renovation of building at the beginning of this year. Financial Position : Consolidated
temporary closed for renovation and transition of Food business restructuring by transferring Central Kitchen to Oishi Food Service Co., Ltd. to support the business growth. Cost of Sales Total cost of sales
Hemodialysis Centers and renovation of building at the beginning of this year. Total liabilities of the Company at the end of June 2018 increased 177% yoy. This was mainly due to an increase of loans from