impacting as we saw a 1.7mTHB increase in finance cost. Income tax was slightly higher as the portion of BOI was lower compared to the same period in 2017. Net income was lower due to the higher financing
the worst impacts, the partial lockdown in April and May, and the lack of tourism as a driver of the economy, while not directly impacting our business, had a measurable effect on some of our customers
in the export and tourism sectors 3) Low level of inflation - impacting manufacturers ability to determine pricing and 4) Strengthening of the Thai Baht - 6.7% against the US Dollar since the beginning
segment of IVL was adversely impacted due to steeply lower crude oil price impacting margins of MTBE & Int. EG as shale gas lost its advantage against naphtha based producers. • Mobility & Lifestyle Fibers
and a further period of 13 days in 1Q19. Due to the integrated nature of the site, these shutdowns adversely also impacted production of PTA thus impacting the EBITDA contribution from the EMEA region
increasing 4% QoQ, combined with the COVID-19 outbreak, detrimentally affecting demand for consumption of Gasohol. Whereas, the average selling price of Ethanol product increasing in relation to cost of the
causing higher inflation, as well as slowdown in Thai and global economy, impacting purchasing power of domestic consumers. Nonetheless, the Corporate Group still adheres to its strategy, namely “Complete
management, resulting in overall investment gain of Baht 114 million. After considerations on the unfavorable conditions impacting the investment strategy of the Hedge Fund business, the operations of the