cost management and prudent cost control measures to maintain its profitability. In 2018, net profit stood at THB 10,823 mn, a 9.4% increase YoY. Net Profit In 2018, CPN reported a net profit of THB
of year 2019 to the level of 300,000 tons, which was due to the lower palm oil output at the end of 2019 and the higher crude palm oil (CPO) demand. It was the result of the government’s measures
businesses due to precautionary measures and supply chain disruptions. The Olefin Cracker in Louisi- ana faced some delays in construction activities but construction is now back in full force with pre
other countries in the manner of price-dumping and unfair trade and finally will lead to the enforcement of Anti-Dumping or Safeguard measures. The world steel production capacity utilization ratio of the
than previous assessment at 4.0%. Moreover, the growth outlook still challenge with uncertainties from both domestic and external factors due primarily to 1) Trade protectionist measures between US and
excellence measures take hold in the acquired businesses. The Packaging segment is expected to benefit from improving geographic mix and higher operating rate. Earnings for 1Q19 and LTM were adversely impacted
synergy benefits and operational excellence measures take hold in the acquired businesses. The Packaging segment is expected to benefit from improving geographic mix and higher operating rate. Earnings for
the gross profit ratio of rent and services business at similar level to the previous year. Hence, CPN continues to implement effective and cost management and prudent cost control measures to maintain