restarted on 2 May 2019 and the ongoing strength in EO and EO derivatives is expected to provide plant to positively contribute in the forthcoming quarters although earnings from this segment is expected to
serviceability. Although the deterioration in credit quality affected profitability, but Thai commercial banking system’s remained sound as banks continued to closely monitor credit quality and maintained high
), increased by 5.2 percent on the average. European region remained as the top at 7.1 percent, followed by Latin America (5.7 percent), and Asia Pacific (5.4 percent). Although the ASK growth of the Middle East
, commercial banks remained tighten credit standards as their concern on a deterioration in debt serviceability. Although the deterioration in credit quality affected profitability, but Thai commercial banking
-on-q declining gas cost per unit while Ft-charge was stable, 2) no scheduled maintenance and 3) contributions from Solar projects in Vietnam which give relatively higher EBITDA margin. • Although this
the year and from additional government measures to support low-income households, although these may gradually decrease. Private investment was also expected to slow down due partly to a decline in
guidance is based on LTM 2Q 2018 average margins although we believe the current market conditions could result in higher yields Table 5: Business Key Drivers Core EBITDA ($/t) LTM 2Q18 1H18 2019F Key
position SMEs. Although the deterioration in credit quality of commercial bank loans affected profitability, but Thai commercial banking system’s remained strong as banks continued to closely monitor credit