buy souvenirs, even though the overall number of Chinese tourists continued to decline by 2 percent compared to the same period last year. International sales: Revenue from sales in the first quarter
, particularly PVC, Caustic Soda and ECH, according to the market price trends caused by limited supply from China. The sales volumes also increased for all products, mainly as a consequence of higher Caustic Soda
growth. However, China operations decreased slightly by 4.8% due to the rapid spread of Covid-19 after the relaxation of China’s zero Covid policy during December which resulted in a decrease in automobile
War trade crisis between USA and China which were heavy retaliate. China’s currency has weakened to lower than 7 Yuan per 1 USD that is the first time in 11 years after USA announce to increasing the
billion) of income, an 11.7 percent increase from 2016. The main driver of tourism income was spending by Chinese tourists. Meanwhile, global financial markets experienced occasional volatility amid
China and East Asia. Steel consumption in China had risen for 11.3% in the first 8 months of 2017 resulted in a drop in China’s steel export. Rising trend in prices of flat steel in East Asia in Q3/2017
, the Chinese economic slowdown, resulting from its economic reforms, also hampered other economies, especially its major trade partners in Asia which had relied largely on China’s strength. The World
39% to 0.54 (Net Operating Debt/Equity) and TRIS Ratings (a strategic part- ner of S&P Global) ascribed the Company’s rating at “A+”. They also upgraded the outlook of IVL to “Posi- tive” from “Stable
Asia at 12.0 and 8.7 percent respectively. Nevertheless, the boat accident in Phuket in July 2018 had affected the number of Chinese tourists to Thailand. The number of Chinese tourist’s arrival to