income surged significantly, especially the 19% increase in bad debt recovery. However, this year the Company will focus on fee-based income expansion. Revenues Structure Profit and Loss Statement Unit

surged in sectors with high capacity utilization rates, such as the automotive and petrochemical sectors. On the other hand, progress in public infrastructure project construction remained gradual

15.5 trillion (approximately US $455 billion). The value of Thailand’s exports in 2017 surged by 9.7 percent, the highest growth rate in six years, to US $235 billion, expanding every quarter for all key

crude oil price surged in the quarter, marketing margin soften; attributed to the retail service station prices were unable to adjust at the same pace as the rising fuel cost. In comparison with Q4/2018

the US and its trade partners. US bond yields soared, especially towards the end of the quarter, given that US economic indicators pointed to firm growth, though it faced intermittent pressure from