2017 and remain strong going into 2018. In Thailand specifically, projected growth has been revised up from 3.2 to 3.7% in 2017 and from 3.3 to 3.5% in 2018 on the back of strong private consumption and

reviewed the 1 st quarter financial statements as of May 31, 2017 which were reviewed by Deloitte Touche Tohmatsu Jaiyos Audit Company Limited. The Company has net profit attributed to owners of the parent

economy, supported by increased stability, government stimulus, and tourism recovery, despite weaker consumer sentiment, lower private investment, and flood. AIS reported core service revenue of Bt40,799mn

sector the Thai economy continues to outperform with Q2 growth at 4.6% slightly below Q1 but remaining strong. Private consumption growth was robust in July and August, supported by higher consumer

the previous year due to continue an increase of export and private consumption, as well as an expansion of private investment. In addition, there were supporting factors from domestic demand from the

private consumption. Figure 1Total electricity usage, 2015-2017 Source: Electricity Generating Authority of Thailand According to Thailand Power Development Plan 2015-2036 (PDP 2015), peak demand was

increase of registered capital, the issuance and the allocation of the newly-issued shares to specific persons (Private Placement) and the convening of the Extraordinary General Meeting of Shareholders No. 1

(BGRIM) at “A” with “stable” outlook. The rating reflects the company’s position as one of the leading private power producers in Thailand, its well-diversified portfolio of cogeneration power units under

% (y-y) in the first quarter. The main supporting factors were the return-to-expansion of export goods and private investment. On the other hand, the third wave of the COVID-19 pandemic continues to

because an increase of export and private consumption, as well as an expansion of government investment. In addition, the domestic tourism sector also improved due to the government continued relaxing