management of its capital structure to be resilient towards the volatile money market and capital market, as well as maintain its financing cost at an optimum level for its businesses going forward. Dividend
structure to be resilient towards the volatile money market and capital market, as well as maintain its financing cost at an optimum level for its businesses going forward. Dividend On May 15, 2020, the Board
volatile market again in 3Q19 caused by intensifying trade war between US and China that Trump threatened to impose a fresh 10% import tariff on the remaining value of US$300BN on Chinese goods resulting in
freight to decline. Jet (Kerosene) and Dubai crack spread (IK/DB) declined by 12.21 $/BBL compared to the average of 12.19 $/BBL in Q2/ 2 0 1 9 . This is due to pressure from the airline industry which was
cost (excluding freight) (USD/Ton JPU) 98.7 89.7 81.7 (17%) (9%) 97.7 87.5 (10%) Cost of sales of goods and rendering of services of IPP business in Q3/2020 was THB 2,217 million, decreased by THB 547
the Thai Baht to be volatile and stronger against the US Dollar as well as the interest rates to be volatile and decline. Meanwhile, the Public Debt Management Office (PDMO)’s bond switching wherein
institutional investors alternative mutual funds to outperform in volatile market conditions through ‘4D’ strategies which focus on ‘Diversification’ of asset classes, ‘Defensive’ investment for generating
volatile during this quarter. However, Thailand’s financial stability was satisfactory due to a high current account surplus and rising demand for imported raw materials used in export-oriented manufacturing
investment. Focus was on an asset allocation strategy for long-term investment that offers consistent returns in spite of a highly volatile environment. We are aware that diversification holds the key to
on impacts from volatile international capital flows, which would have repercussions for foreign exchange movements and funding costs. The Thai economy in the second quarter of 2018 exhibited ongong