household debt remained elevated, economic expansion had yet to benefit household income in a broad-based manner, and the low level of some agricultural price resulting in a gradual improvement. Private
. On the domestic front, elevated household debt remains a constraint to purchasing power. In the meantime, domestic political situation also warrants monitoring as the government is preparing for an
industrial countries that could affect domestic demand as well as geopolitical risks. In addition, there remained downside risks pertaining to domestic factors such as elevated household debt, impacts from
social risk management Sustainalytics’ ESG Risk Rating assessment places Tesco’s ESG risk exposure moderately above the average for the food retail sub-industry. Despite the slightly elevated exposure
of the company. And, more often than not, clearly articulated investors’ views and questions will influence company leaders’ thinking, particularly if they reflect a growing consensus. As investors, we
: Operating EBITDA is EBITDA excluding Inventory Gain/Loss (net NRV), one-time item and Gain/(Loss) from foreign currencies forward contract. The Refinery and Oil Trading Business is still affected by Gross
would like to thank everyone involved in development of the Thai capital market, including the SEC management and staff who have been dedicated to driving the Thai capital market forward and enhancing its
, private consumption growth turned out to be stronger than expected, boosted by car sales which had accelerated since late 2017 after demand for car purchases was brought forward in response to the 2012-2013