dropped as a large number of fixed-term deposit accounts reached maturity, and there was a cash outflow from current and savings accounts at three or four banks. Looking at the remainder of this year

also signaling that there would be three rate hikes this year; markets have mostly factored in this interest rate uptrend. At the same time, short-term Thai bond yields dropped on lower-than-expected

Q4/2018, the price of oil in the global market dropped drastically due to pressures from the global oversupply of crude oil. This allowed the company to set its retail price to adequately match the

average selling price relative to oil price in the global market, and total quantity of products sold by the company dropped 13% QoQ as well. And, when compared to Q1/2019, revenue declined by 5%, mostly

Thai Baht’s rise. Meanwhile, domestic interest rates dropped across all maturities. The Monetary Policy Committee (MPC) resolved to slash the policy rate by 25 basis points in its August 2019 meeting

generation. In addition, the revenue from Glow IPP plant dropped by Baht 38 million following achieved the Contracted Availability Hours in December. Comparing Q4/2019 vs Q3/2019 Comparing Q4/2019 vs Q4

attributed to a rise in non-interest income, especially net profit from investment. Meanwhile, net interest income maintained its growth even though net interest margin (NIM) dropped as a result of impacts