Summary of Management Discussion and Analysis 1 For the Year Ending December 31, 2019 Thai economy in 2019 showed decelerating growth at 2.4 percent compared to 4.2 percent in the previous year.The slowdown
difficulty for domestic businesses to raise their prices. The Thai baht averaged at 33.39 THB/USD in the third quarter, appreciating from 34.84 THB/USD in the same period last year and 34.30 THB/USD in the
seen in the final quarter of last year. Broadly speaking, the Thai economy may grow within a range of 3.2-3.9 percent in 2019, down from the growth of 4.1 percent in 2018. Improvement in domestic
experience the return of capital inflows, which may cause the Thai Baht to resume its appreciation. To cope with domestic and international economic and political uncertainty, as well as rapid changes in fund
of hot-rolled coil reference prices on world market for Q1/2014 – Q4/2019 Processed price data from: Metal Expert Overview of Thai Steel Industry ISIT had reported the domestic steel-production for
quarter of 2019. Chart of hot-rolled coil reference prices on world market for Q1/2014 – Q3/2019 Processed price data from: Metal Expert Overview of Thai Steel Industry ISIT had reported the domestic steel
. Overview According to the Bank of Thailand and Office of the National Economic and Social Development Board data, the Thai economy in the 3rd quarter of 2020 dropped by 6.4% improved from the previous
Analysis | 2 Executive Summary In 2018, palm oil production and crude palm oil (CPO) inventory have remained high in both domestic and international market, which resulted in the decreasing price of crude
demand, public policies, including those aiming to boost consumption and investment in transportation infrastructure, will support domestic demand. Nevertheless, downside risks to the growth of the Thai
competition particularly in domestic sectors which caused overall number of passenger, passenger yield and average fare dropped by 1.9 percent, 1.6 percent and 2.8 percent respectively. The Company reported net