Business USD in Millions 3Q17 2Q17 3Q16 3Q17 YoY% LTM 3Q17 LTM 3Q16(R) LTM YoY% Total Production (in '000 tonnes) 2,387 2,223 2,380 0% 9,063 8,244 10% (1) Consolidated Sales 2,174 2,089 1,878 16% 8,148 6,966
depressions in farm income and high level of household debt while inflation remains at a low level. Other key risks that need to be monitored are the slowdown in global economy especially the Chinese economy
consumption and impair household debt serviceability and (5) the sluggish investment demand due to uncertain macroeconomic outlook, tightening credit conditions, and the delays in government budget process. For
level of household debt while inflation remains at a low level. Other key risks that need to be monitored are the slowdown in global economy especially the Chinese economy, lower than expected growth in
”) increased 16% yoy. This increase was partly driven by the outstanding 23% income growth in the 3rd quarter of 2017 (“3Q17”). Not only high season of healthcare business, the increase of social security
household purchasing power remained weak. Despite improvements of both farm and nonfarm income, households’ purchasing power is compressed by the high debt burden and the waning confidence regarding
the resolutions as follows: 1. To dispose all investments in Nation U Co., Ltd. (“NU”) (a subsidiary of the Company holding the license and operating the Nation University business), i.e., disposing
power, as farm income continued to be constrained by low prices of agricultural products and nonfarm income remained lackluster. Moreover, high levels of household debt caused the generation of new loans
may lower farm income and 4) on going high level of household debt limiting household consumptions. Meanwhile, in the auto industry, the total number of car sales for the first five months of 2019 still
high level of household debt limiting household consumptions. Meanwhile, in the auto industry, the total number of car sales for the first six months of 2019 still showed an expansion with sales for the