referenced crude oil price of every products; stemming from a state of excess supplies of finished products in the market, and declining demand from the 4 Management Discussion and Analysis of Business

order book will pick up. Certain other key segments like chemical and construction also show positive tendencies. The continued strength of the Thai baht is making exports more challenging competitively

devices to deliver bundled solution to clients. We saw a pick up in the hardware sales as Tiger was agile in offering advance clocking devices that incorpoarte temperature control during the Covid era

Q1-2017 (THB 18,695/ton) due to the decrease in HRC market price worldwide and a stagnant of Thai economy in the first half of 2017 causes a lower demand of steel consumption. Management’s Discussion

renovation of three hotels under Dusit Thani brand, and caused by a temporarily weaker demand from catering and convention during the mourning period and the royal funeral of King Bhumibol Adulyadej. Earnings

a rebound in demand of enterprise customers from a clearer political situation and a sizable project closed in the quarter. The strategy for the enterprise segment continues focusing on high-margin

. Production of both pick-up and passenger car reported volume increase. Domestic car sales grew by 22.2% year on year. This increase was partly offset by decrease of export volume by 5.3% compared to last year

physical stores) together with ‘ Same Day Delivery’ or ‘ Click and collect’ . These omni- channel capabilities have helped to support consumers’ purchasing power which had started to pick up when the

and lorry tanks, chemical tanks, machinery parts, steel structure). With its growing demand for LPG and the up and coming expansion of LPG storage and receiving terminals, it is expected that the LPG

farmers to tax relief. The main lime consuming sectors of the industry had limited impact from Covid-19 in Q1 by the macro economy. However, the forecasts are for a drop in demand in the coming quarters as