and teething issues. Feedstock portfolio also benefited from higher production from the EO-EG facility in USA in 2H17 post catalyst change in 1H17. Production of PTA was higher in Asia which benefitted

forecast. Although short-term economic stimulation measures from the government benefited private expenditure, but could not make a positive change to the overall GDP. (Source: Bank of Thailand). Thailand’s

employment and thin income would be a major obstacle for Thai economy in the next phase. For the banking sector in the third quarter of 2020, the commercial bank loans benefited grew from big corporate and

. Asia integrated MEG spreads benefited from global supply tightness and strong demand coming from polyester fibers, PET and antifreeze, while increase in crude oil price resulted in improved shale gas

growth of 4.6 percent, over-year, following the 4.9 percent growth seen in the first quarter. The expansion was driven largely by exports and tourism, which benefited from trade partners’ brighter economic

(+0.11 USD/BBL YoY, -0.69 USD/BBL QoQ), even though the gross refinery margin was adversely affected by the shutdown which mentioned before, but GRM was benefited from the narrowing Dated Brent / Dubai

E_1 Legal_FA_2015_12_29-c A CCoorrppLL44..11hhiigg A Executive Summary Management Discussion and Analysis For the Quarter Ended June 30, 2017 The global economy in the second quarter of 2017 maintained its growth momentum. Similarly, Thailand’s major economic indicators continued to exhibit growth, as evidenced by brighter exports, government spending and private spending on certain items of durable goods. The Thai economy hence showed ongoing improvement from the first quarter. Nonetheless, the...

E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ending March 31, 2019 In the first quarter of 2019, the Thai economy continued to sustain its growth. Overall, however, it was plagued by weak exports and tourism amid the global economic slowdown. Aside from these challenges, businesses had to contend with more complex competition, regulatory changes, and technological advancements which affected consumer behavior. KASIKORNBANK has e...

volume declined 8% QoQ from intense competition in the industrial market. 2. Net marketing margin increased from the previous quarter, the increment is attributed to retail market benefited from the

E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ending June 30, 2019 The Thai economy faced increased headwinds in the second quarter of 2019. Exports, tourism and private investment – among major economic activities – were hampered by the worse-than-expected global economic slowdown. Meanwhile, consumers’ purchasing power weakened amid high household debt, whereas public investment and the government’s budget disbursement were aff...