, performance of this business was still a growth, mainly from a steady rental increase at Suntowers. While performance was strong and stable, Suntowers underwent various value enhancement projects, including
integration of acquired businesses, the start of earning recovery in our high-volume Necessities business and our stable but higher-margin HVA business. We delivered record earnings and cash flows and expect
Conversion Project in preparation for compliance with IFRS 9, and progress was steady. In 2018, the project worked with public agencies via the IFRS Club and the Thai Bankers’ Association, and reached a
, following the decline in profit before tax. The effective tax rate was 18.9% increasing from 18.0% in 3Q21 due to expiring tax benefits and remain steady from 2Q22. SG&A expenses recorded Bt5,633mn, increased
merchandise exports which continued expand with a growth 13.1% consistent with global demand growth and continual increase in crude oil prices. Domestic demand robustly expanded by private consumption which
Chinese. Meanwhile, level of domestic economic activities gradually increased, though not accelerating. Consumption and investment of private sector steadily expanded consistent with the improving consumer
warrants exercise LTM 3Q18 Operating Cash Flow of $1,037 million Net Operating D/E ratio 0.53x; Rating Upgrade to AA- with “Stable Outlook” 2019 Guidance reaffirmed; attractive and accretive production
having a tendency to decline as the GDP is expanding. Moreover, the number of unemployed in the 4Q/2022 amounted 4.62 hundred thousand people, or an unemployment rate of 1.2%, remained stable from the