and according to target. In 3Q19, growth in the Thai economy decelerated primarily driven by a decline in export growth from world-trade sluggish effecting from Trade War. However, the Thai economy is
% utilization rate. While material cost lowered, coinciding with cassava price direction; the main ingredient, from the constant rain. As a result, Ethanol Fuel Business EBITDA was recorded at THB 74 million (+81
outflows. At the same time, the Chinese economy in the third quarter cooled amid concerns over the trade dispute between China and the US, after the US raised tariffs on certain products imported from China
, decreased by 87.7% YoY and THB 967 million in 6M20, decreased by 51.3% YoY. The main factor of this decrease was from COVID-19 pandemic impact. It has caused the temporary closure of hotel in Thailand and
from BAC Gourmet House Company Limited, the subsidiary of BAC which main activity is to provide food services in business district and major tourist attractions in Bangkok, Gourmet Primo Company Limited
, trade, and finance have been severely disrupted. (Source: Bank of Thailand) The hardest in Aviation industry from COVID-19 pandemic. It can be seen that worldwide Revenue Passenger Kilometers (RPK
increased mainly from increase in revenue greater than cost. The cost of fuel material, natural gas which is the main production cost, increased from both the consumption and the average gas price, resulting
million in 3Q17 and 9M17, respectively. The main drivers were attributable to a decrease in room revenue due to three hotel renovations and an increase in administrative expenses to support business
expenses decreased by 23.7% from 1Q18 to THB 82 million in 1Q19 with main impact from fully depreciated of assets under Dusit Thani Bangkok hotel. Education Business In 1Q19, revenue from education business