expansion of merchandise exports and tourism. The value of merchandise exports in 2017 grew around 10%, compared to 0.5% in 2016. Tourism sector also grew in line with the higher number of foreign tourists in
. IVL has added 1.1 million tons of PET capacity through acquisitions of plants in Brazil and Egypt, and another 1.1 million tons of PTA capacity with Portugal PTA, in addition to Rotterdam expansion, all
utility cost decreased 1.7% YoY, thanks to CPN’s continuous effort to conserve energy and utilities in operations. • Higher maintenance, repair and personnel expenses to support the expansion of new
: - Xayaburi Power Company Limited (with 98.7% construction progress) - Nam Lik 1 Power Company Limited (100% completed, waiting for the certificate of COD) - Rayong Central Utility Plants Expansion Phase (CUP-4
with the expansion of its trade transactions with new partners with respect to the company’s strategic plan to enlarge the business. Marketing Business Group recorded 5% higher total sales volume YoY
generating new opportunities to increase revenues. In terms of customer base expansion, financial innovation has created new forms of financial services which enable banks to explore new business opportunities
volume growth. There were an expansion of service station locations, the number of service station as of the end of 2018 was 1,175 locations, with 74 new service stations. The company has also rebranded
superior from last year from the expansion both in terms of trading volume and new trade partners. Oil trading performance however, softened marginally from the previous quarter, due to the apprehension
Rule”). Currently, the Company focus on the business expansion of the crude palm oil (CPOA) trading business for biodiesel as there is a high potential growth and will partially conducting a trading CPOA
future business expansion outside Philippines shall be subject to any discussion between the Company and Kinpo Group based on the circumstance that either the Company or Kinpo Group is more appropriate to