Limited Global Green Chemicals Public Company Limited Management Discussion and Analysis | 2 Executive Summary In 1Q2019, palm oil production and crude palm oil (CPO) inventory have remained high in both

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

Budsaratragoon gave opening remarks and welcomed participating professionals from various sectors, including Fiscal Policy Office, a policy unit of the Ministry of Finance, the Bank for Agriculture and

especially high as the Bank strengthened its reserve level to prepare for the adoption of TFRS 9, in line with its prudent approach to financial management. However, in the first quarter of 2019, impairment

in the commercial banking system, with a high level of liquidity than required by the Bank of Thailand. Infrastructure investment progress needs to be closely monitored as more bidding processes will

household purchasing power remained weak. Despite improvements of both farm and nonfarm income, households’ purchasing power is compressed by the high debt burden and the waning confidence regarding

insurance increased from Baht 21,432 in the same period last year to Baht 21,781 this year. The Company has a policy that the loss ratio should be at a suitable level, we therefore have stopped selling

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1,386 million, or earning per shares of THB 1.01. The company and its subsidiaries performance improved, especially the Refinery Business Group which still maintains its average crude run at a high level

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