directions that focus on effective, timely and proactive integrated risk management (IRM), internal operation efficiency, maximized resource utilization, along with better IT systems, to ensure that we will
quarter owing to the close monitoring of debts and a proactive approach in asset quality management adopted by commercial banks. As of the end of the second quarter of 2018, net loans at 14 domestically
businesses were offset by sharp decline in Specialty Chemicals margins. Annual production was 11 million tons (+20% YoY), mainly driven by contribution from our acquisitions in 2018 and consolidation of
proactive measures to timely manage the situation rapidly changed by considering all stakeholders. The Company also has the policy of efficiency management in terms of maximizing cost saving and resource
IVL as a whole in 2019. o Sharp decline in crude prices (high of $ 83/bbl in 3Q18 versus low of 54/bbl in 4Q18) as we entered in to the weak season led to accelerated destocking in the integrated PET
- 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