weaker from protectionist trade policies between US and China and effect of Baht appreciation, which affected to export sector and industrial sector, especially in electronic components manufacturing

44%yoy), attributed to the lower profitability of Methyl Ester due to the lower feedstock price discount when the CPO price was weak and the impact from the appreciation of the THB, in which the THB

an impact from the THB appreciation against USD; in which the THB was appreciated from 33.1 THB/USD in Jul 2018 to 32.4 THB/USD in Sep 2018 (2% appreciation). Consequently, the company posted net

contributions from SPP1 acquisition in March 2019. • Electricity price sales to EGAT in Q3’2019 decreased 1.3% y-on-y to 3.09 Baht/kWh despite mainly from Baht appreciation during the period. • Electricity price

Thai baht averaged at 34.30 THB/USD over the second quarter, an appreciation from 35.28 THB/USD in the same period last year and 35.12 THB/USD in the previous quarter. The Monetary Policy Committee (MPC

financing activities y-on-y: From unrealized gain of Baht 466 million in Q1’2018 to unrealized gain of Baht 170 million in Q1’2019 due to a 2.0% appreciation of the Baht against the U.S. dollar at the end of

. The downside was mainly stemmed from the impact of export contraction affected by the global economic slowdown, prolonged US-China trade tension and the Baht appreciation. As for economic outlook in

to remain at the same rate if there is no significant change in natural gas price and the appreciation in Thai Baht. However, during September and December of 2018, Ft rate is expected to be adjusted

and according to target. In 2019, Thai economy has decelerated with GDP reported at 2.4% decreased from 4.1% in 2018 as a result of declining in export growth and Baht appreciation. The world-trade

encourage domestic capital outflows. At the end of 2019, the Thai baht was 30.15 to the US dollar, an appreciation of 7.1 percent from the end of 2018. Global financial markets experienced volatility amid the