PowerPoint Presentation Management Discussion and Analysis MD&A Q2/2020 THE INNOVATIVE POWER FLAGSHIP OF PTT GROUP 1 Q2/2020 and Recent Highlights In the second quarter of 2020, economic factors that
) estimating the world economy was on a direction towards the slowest growth since the 2008 financial crisis, and also revised their 2019 global economic growth estimate to just 2. 9 percent. Also, the
, the value of merchandise exports expanded at a slower rate as the result of the economic slowdown in major trading partners, and the effect of protectionist trade policies between the US and China. The
economic conditions is expected to continue to grow, but with three headwinds namely 1) the economy which has not been sufficiently broad-based from weak domestic demand. If factors namely rising inflation
recovery. For 2018, the Thai economic conditions is expected to continue to grow, but with three headwinds namely 1) the economy which has not been sufficiently broad-based from weak domestic demand. If
restructure of the Company’s group in order to cope with consequences from the current economic recession, including the industrial regression of business which is not core business of the Company, e.g
business operation, as the Company has continuous loss. Thus, the Company considers the business restructure of the Company’s group in order to cope with consequences from the current economic recession
inflation towards the target in a sustainable manner. The 2018 economic growth is expected to be 4.5 percent on account of still-higher exports and tourism revenue, stronger private consumption, and an
in economic momentum, the Bank of Thailand revised down Thailand’s economic growth forecast for 2019 to 2.8% (as of September 2019); compared to previous projection at 3.3%. Moreover, the growth