in the export and tourism sectors 3) Low level of inflation - impacting manufacturers ability to determine pricing and 4) Strengthening of the Thai Baht - 6.7% against the US Dollar since the beginning
” celebrated a grand opening on June 15, 2019. Central Phuket created a phenomenon of “The New World of Luxury” offering a World-Class Experience with high-end brands in the heart of Phuket. The grand opening of
palm oil production flooded into market which led to high level of global palm oil inventory, especially in Malaysia who have CPO inventory of 3.2 million tons at the end of FY2018 which was the all-time
flat service revenue both qoq and yoy. Our mobile business still contracted (-1.5% yoy, -0.9% qoq) but at much lower pace while the home broadband business hit a new high of demand to work from home (+21
Bt22,636mn, improved 1.0% YoY from core services revenue growth combined with cost optimization to soften the rising utility cost impact. However, EBITDA soften -1.1% QoQ due to the high seasonality effect of
oil inventory remained high, crude palm oil (CPO) price continuously declined, as well as Crude Palm Kernel Oil (CPKO) price decreased. This year, the Thai government biodiesel mandate was set to B5 and
was at 20.24 THB/kg, being lower than 3Q2017 CPO price by 2.19 THB/kg or 10% due to the fact that the domestic palm oil inventory remains at high level 400,000 tons in 3Q2018, while in the past
crude run to a high level, although the Hydrogen Production Unit and Hydrocracking Unit underwent temporarily shut down between May and June. For this quarter, the gross refinery margin was 6.38 USD/BBL
Discussion and Analysis | 2 Executive Summary In quarter 3/2017, palm oil production both in Thailand and International Market continuously remained high after the impact from El Nino has ended. Thailand crude