a pick-up in sales going into the end of the year and into 2020. Certain other key segments like chemical and construction also show positive tendencies. The continued strength of the Thai baht is
higher uncertainty, especially from foreign countries. In addition, the MPC raised concerns over the Baht’s increasing strength compared with the currencies of trading partners and competitors saying
feedstock production. PET volumes were down due to de-consolidation of India and turnaround in China which impacted EBITDA/t inclusive of the IPA hit on YoY basis. Nevertheless, strength seen in the high
increase the Company’s financial liquidity to be used as working capital and debt repayment which will help reduce the high interest burden of the Company. On the date the Board of Directors approved the
quarter of 2018 continued to improve. Export performance remained strong, with 12.3 percent year-on-year expansion. Tourism also continued to perform well despite the end of the high season, as tourist
earnings through business cycles. On completion, this end-to-end integrated chain will allow us to address several new, high-growth markets like home and personal care, agrochemicals, fuels additives
global economies and may lead to economic recession. Meanwhile, managing loan quality and NPL will continue to be major challenges, especially during the economic downturn. However, with a relatively high
' equity 5,552 57.6% 5,354 59.3% 3.7% Dusit Thani PCL Management Discussion and Analysis For 3Q17 and 9M17 P a g e | 6 Outlook The last quarter is normally the high season for tourism industry. The tourism
share sale transaction for ordinary shares in a wholly owned subsidiary of SHR to Wai Eco World Developer Pte. Ltd (“WERW”) in accordance with Joint Venture Agreement to operate and develop a high-end
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