increased degree of uncertainty in global economies and trade policies, businesses may have to contend with Thai Baht volatility and rising interest rate trends. Acting upon our strategy of strengthening
company’s cumulative market share for January to May 2018 to be at 15.7%. Net Marketing Margin softened as global crude price rose continuously, while retail prices were able to adjust at a slower pace, also
institution, enabling us to cope with possible economic fluctuations in a timely manner. C Contents Page Executive Summary A 1. Overview of Operating Environment 1 1.1 Global and Thai Economy in 2017 and
, especially global economic fluctuations and unresolved political issues. Businesses have also had to contend with new regulations and government projects. All of these factors affected the performance of KBank
value chain. Note: Core EPS for 2013 numbers are not restated by quarters with change in new accounting policy as not material. Though yearly numbers are restated. Figure 2: Global Industry Spreads in PET
export prices along with global crude oil prices. Meanwhile, tourism sector and private consumption continued to expand especially on account of spending by medium and high income households, although
Core EBITDA per ton rose to $153, all time record high, driven by accelerating momentum across our global integrated PET platform, while our HVA business had mixed results, with gains in PEO and
merchandise exports contracted in response to the weakening global economy and sustained Baht appreciation. In addition, the contraction in merchandise exports has affected private consumption and investment
production rate, its average crude run was at 112.67 thousand barrels per day. Furthermore, from the tumultuous disposition of crude oil price in the global market during the quarter, Dubai crude oil price