Q1-2017 (THB 18,695/ton) due to the decrease in HRC market price worldwide and a stagnant of Thai economy in the first half of 2017 causes a lower demand of steel consumption. Management’s Discussion

renovation of three hotels under Dusit Thani brand, and caused by a temporarily weaker demand from catering and convention during the mourning period and the royal funeral of King Bhumibol Adulyadej. Earnings

and lorry tanks, chemical tanks, machinery parts, steel structure). With its growing demand for LPG and the up and coming expansion of LPG storage and receiving terminals, it is expected that the LPG

farmers to tax relief. The main lime consuming sectors of the industry had limited impact from Covid-19 in Q1 by the macro economy. However, the forecasts are for a drop in demand in the coming quarters as

clients and orders due to higher demand for cars and new businesses from closure of financially challenged competitors due to Covid-19. 2) Dealership business; Stronger sales of both dealerships in Thailand

and orders increase due to higher demand for cars. Thailand and China operations were strong, grew 29.2% and 48.1% year-on-year respectively and outperformed the industry. 2) Car Dealerships and

, social and sustainability bond market Outlook ▪ Growing market demand • Number of funds committed to ESG, green and sustainable finance is increasing rapidly • Globally: Number of signatories committed to

as well as a favorable expansion of private consumption and investment of both private and public. For electricity industry situation in 2019, Thailand’s peak demand in Electricity Generating Authority

million baht, a decrease of 42 million baht or 1% mainly due to the slowdown in domestic ice machine demand. Overseas sales revenue is 612 million baht, a decrease of 145 million baht or 19%, mainly due to

from China. The overall sales volumes increased as a result of higher Caustic Soda sales due to lower EDC purchase, and higher ECH sales from greater demand from Taiwan and two Indian key accounts