independent travelers. According to statistic, visitors from Southeast Asia, combining with East Asia, reveals the highest growth of 12.8 percent year-on-year. However, a decline in Chinese tourist arrival is
season and seasonal price decline of our key feedstock, butane, should further improve US MTBE demand and spreads in summer months. The demand for downstream markets of our HVA portfolio remained healthy
facility in Turkey (2016) and the deconsolidation of India (also partly in 2016). Higher operating rates helped reduce the impact of these events to a certain extent. Table 3: Production Volumes, Utilization
facility in Turkey (2016) and the deconsolidation of India (also partly in 2016). Higher operating rates helped reduce the impact of these events to a certain extent. Table 3: Production Volumes, Utilization
Increase/(Decrease) Baht million Baht million Baht million % Revenue from Sales and Services 388.0 422.0 34.0 8.8 - Operating Revenue1 377.6 420.6 43.0 11.4 - Other Income from Utilities Business2 10.4 1.4
Page 1 of 5 Performance Overview In 1Q18 Singha Estate Public Company Limited (“the Company” or “Singha Estate”) reported a 7% YoY decrease in total revenues, mainly from a drop of revenues from
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
profit margin of 24.5%, a decrease compared to last year at 29.2% and representing earnings per share of Bt1.47. Table summarized the operating results of the Group (unit : Bt million) Page 3 of 6 1.1
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
Cost of Rental and Services, Cost of Sales, and Gross Profit The cost of rental and services and the cost of sales in 2019 equaled 721.0 million Baht and a slightly decrease 0.34% from 2018 due to the