by 1.5% YoY due to Kyat currency depreciation (at constant FX, total Myanmar sales would have been +6.8%). Laos grew 7.5% YoY while Cambodia performance was dragged by high stock level with the

benefitted with the consolidation of high performance Rayon tire-cord business ‘Glanzstoff’ but the overall earnings were negated due to planned maintenance shutdown at the flagship site in Indonesia. 3 In USA

regulatory concern, both global & national level Responding to climate change focus Growing institutional and retail investors interest Shifting consumer preferences and embedding in business increasing global

Black Galingale, and new products like Peptein-Plus and Shark Natural Energy. Personal care segment showed outstanding growth of 20.9% YoY mainly from successful new product launches, while international

gross-of-fee level, it disappeared at net-of-fee level. • Jensen (1968) reaches conclusion that average actively managed mutual fund does not capture alpha, net of fees and expenses. • Chang and Lewellen

at CalSTRS, and it identifies at a high level that we will “engage corporate management to seek information and understanding of the corporate decision and its ramifications on ESG issues.” Our

-risk or complex products, i.e., derivatives, high-risk or complex of debt securities and mutual funds 1 Obtained a bachelor’s degree. ✓ ✓ ✓ 2 Passed Level 1 or higher of the Certified Investment and

and the announcement of the lockdown measure in May 2021 are expected to affect both the purchasing power of consumers and the level of domestic economic recovery. However, if COVID-19 vaccination can

decline in September 2.) growth in private consumption supported by higher household income in various sectors, including agriculture, and recovering consumer confidence, whilst inflation level also grew

investments in associates and JVs /2 Gross profit including share of profit from investments in associates and JVs During 2017, the Company reported the record-high net profit of THB 3,266.4 mm, which increased