the appreciation of the Thai Baht has led to the destination shift among the country’s target tourists. These factors have, undoubtedly, put pressure on the hospitality industry, which is the main
sales volumes. The sharp decline in the Finished Goods prices has also led to a decline in Raw material prices and the Company suffered devaluation loss on Finished Goods stock, Raw Material in stock and
imports constituted 60% of the total consumption in 2019 compared to 54% in 2018. The decrease in total consumption coupled with surge in imports led to 22% decrease in Domestic production compared with
pandemic. The pandemic severely affects both external and domestic demand in tourism, manufacturing, and exporting sectors, as well as softens private consumption indicators. The outbreak also led to
from the change in defined benefit plan according to KBank’s employment policy which is not related to labor law, together with rising marketing expenses, our cost-to-income ratio stood at 45.02 percent
instruments and the contractual cash flow characteristics of the instruments . The group designed certain derivatives as follows: a) Fair value hedge, the change in fair value of a forward contract, which is
earnings translation. US$ 155M lower EBITDA in LTM3Q19 and US$ 22M in 3Q19 due to unplanned shutdowns, catalysts change planned shurdown in EOEG assets in USA and one line conversion from PTA to IPA in USA
, the repairs progressed slowly until September, which led to crude stock in Cushing, Oklahoma to diminish consistently to its lowest levels since November 2014 at 23.7 million barrels. When comparing the
Cash Flow is after change in net working capital and cash tax, before maintenance capex Indorama Ventures 2018 MD&A 3 FY 2018/4Q 2018 Performance Highlights FY18 core EBITDA increased by 44% YoY to