whether or not there would be any proposals for such Trade Debt as mentioned above to SSG Group. On 4 October 2017, 2. Business Outlook on Q4/2017 Management’s Discussion and Analysis (MD&A) For Q3/2017 3

partly because the overall household purchasing power was not sufficiently strong and household debt remained elevated. Private investment picked up in line with the improved economic outlook, and with

(BGRIM) at “A” with “stable” outlook. The rating reflects the company’s position as one of the leading private power producers in Thailand, its well-diversified portfolio of cogeneration power units under

remained resilient, despite a global slow-down in demand and weak outlook for automobiles. Lifestyle, on the other hand, has been adversely impacted due to stocks overhang and impacted by US- China trade

30 September 2019 G Steel Public Company Limited Page 1/20 บริษัท จี สตีล จํากัด (มหาชน) G Steel Public Company Limited 2. Business Outlook During the shutdown period from February 2019 to April 2019

Company Limited Page 2/2 2. Business Outlook While the Company is gradually regaining its market share back post shutdown from February 2019 to April 2019, the current slowdown continues to pose challenges

). Moreover, the Thai economic outlook would underperform below the baseline projection because; 1. The global economy could enter a severe recession and Thailand’s tourism sector could take a long time to

: 367 kta PTA: 433 kta Double digit ROCE 700-800 (till Jun’20: 402) Recycling projects PET recycling 2020-2023 ~600kta ROCE 12-14% 700-800 Indorama Ventures 2nd Quarter 2020 MD&A 7 2020 outlook Under the

, reserve and liquidity. Credit Rating LH Financial Group Public Company Limited is assigned the credit rating at “BBB+” with “Stable” outlook by TRIS Rating. Analysis of Operating Results In the first

lower crude oil prices. • Hygiene fibers improved with better demand and stronger outlook. Lifestyle and Mobility Fibers improved in early part of the year though felt the headwinds in March 2020 from