overall selling price decrease, especially for Caustic Soda due to the fall of its market price trend, plus impact from appreciation of Thai Baht against US Dollar. However, those negative impacts were

@bot.or.th, or SEC’s Bond Department via Email: debt@sec.or.th.BOT and SEC would like to express our appreciation for comments and suggestions on the Taxonomy. We truly hope that the stakeholders will be

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

market which results to low selling price. Another factor is the appreciation of baht which reduces our export revenue when changing to Thai baht. And the effect of employee benefit, according to the new

strong appreciation of THB/USD, which strengthened from the average rate of Baht 34.2863/USD in Q2-17 to Baht 31.9468/USD in the same period this year. Sales revenues of this quarter amounted to Baht

nine-month period 2018 was mainly due to differences in product mix and the impact from currencies appreciation as compared to same period of previous year. 3. Selling and Administrative Expenses For the

exports to reduce from the previous year. Furthermore, the sale of goods to foreign countries has been affected by the continuous appreciation of the Thai baht. Domestic consumption trend continues to

2020). Can have multiplier effect, creating employment in non-tradeable industries and local economy (Chodorow-Reich et al., AER 2021). B. Investment Accumulation of investment assets can further

due to THB appreciation against EUR and GBP • Net debt to equity ratio as of 30 June 2019 was 0.56x, comparing with 0.55x at the end of last year SIGNIFICANT EVENTS 4 major renovation works of Vienna

Q1 2017, of which 92% contributed from zinc trading business and 7% from renewable energy. The decrease mainly resulted from a drop in total sales volumes and the appreciation of Thai Baht against USD