sluggish effecting from Trade War which impacted the global economic sentiment. However, the Thai economy is attributed mainly by number of factors, namely 1.) Growth in Tourism sector particularly in 2H19 2

various public private partnership (PPP) projects and infrastructural investments in the Eastern Economic Corridor (EEC) zone. Meanwhile, factors that affect the Thai economy are the slowing global economy

circumstances, the Bank of Thailand lowered the Thai economy growth outlook in 2019, from 3.3% to 2.8%, the policy rate cut to 1.25% to balance the economic growth momentum and the stability of the financial

PowerPoint Presentation Management Discussion and Analysis MD&A Q2/2020 THE INNOVATIVE POWER FLAGSHIP OF PTT GROUP 1 Q2/2020 and Recent Highlights In the second quarter of 2020, economic factors that

31% as compared to the same period last year of 260 million Baht. This was due to continuous effort in debt repayment in forms of Bill of Exchange, debentures and financial institution loans. The

were as follows: (1) Club and international football match sponsorship fees: The sponsorship fees were recognized as expenses in accordance with payment terms, economic benefits, and the period in which

to 10.36636 billion THB. 4 As a result of the above reasons, the interest-bearing debt to equity ratio and the debt-to-equity ratio have increased from 0.82:1 to 0.91:1 and from 1.00:1 to 1.14:1 as of

expenses were as follows: - Translation - Page 3 of 4 (1) Club and international football match sponsorship fees: The sponsorship fees were recognized as expenses in accordance with payment terms, economic

decreased Baht 60.86 million or 22.60% from the corresponding period of the previous year, mostly from revenue from Trading in Energy & Petroleum which decreased Baht 46.08 million, resulting from economic

due to decreased of the revenues from Ibis Style Hotel Chiangmai by THB 4.89 million causing from low season together with economic slowdown impact and closing partial hotel area for renovation. For