by rising credit costs. These tighter lending conditions significantly affected domestic car sales, particularly in the pick-up truck segment, which traditionally relies heavily on availability of

influenced by tighter lending conditions in response to rising non-performing consumer loans including auto loans. Stricter lending practices have reduced the availability of retail financing, particularly

decrease from 188,153 gigawatt-hours in 2016. A decrease in electricity consumption was mainly resulted from an increasing trend of Independent Power Supply and the governmental promotion of energy saving

to high domestic ethanol stock, and the increasing aggregate domestic production capacity. Natural Resources Business Group recorded soften performance though the Company still realized additional

, and China’s increasing export after ending their tax program to stimulate car sales for this year. The Mogas/Dubai crack spread (UNL95/DB) decreased by 0.73 $/BBL compared to the averaged 14.42 $/BBL in

due to lower consumer confidence and overall consumption. Demand for housing loans also fell, especially low-rise housing. Going forward, financial institutions expect increasing demand for loans from

percent increase from last year, due to rising interest income as loan growth accelerated. However, loan impairment charges set aside for credit losses in compliance with IFRS9, which will be effective in

previous year by Baht 51 Million or 8.7 percent which aligned with the rising of the average ridership at 23,300 trips/day. Cost of Rail business consisted of costs of fare box, cost for supplying O&M

line with the rising of the average ridership at 22,000 trips/day. Cost of Rail business consisted of costs of farebox, O&M cost and amortization of intangible asset under the MRT Blue Line Project which

purchased raw water from private source as well as the rising of depreciation and amortization by 14.28 million Baht from the amortized assets of the expanded capacity concessions. Major Costs of Tap Water