Sovereign Rating Impact Very strong +2 Strong +1 Moderate 0 Weak -1 Very Weak -2 Historical data analysis Momentum adjustments: Near-Term 5Y Overlay from Analysts Output from ESG sovereign
market as competitors re-assigned volumes due to the weak export market and strong Thai baht. Although volumes were behind forecasts revenue per tonne has increased compared to 2018. On the costs side SG&A
combination of the weak global economy and strong baht capped tourism and spending. In response to a slowdown in tourism, visa fee waivers were extended twice to end on April 30, 2020. Headline inflation
result of the fall of Caustic Soda and Epichlorohydrin (ECH) selling price from BIS issue in India and weak Epoxy demand, respectively. Except greater ECH sales volume from strong demand of ECH key
mobile data usage saw strong growth in VoU, +24% YoY to 18.2GB per subscriber per month driven by pandemic situation, weak consumer spending and price competition around unlimited plans continued to
FY21 revenue guidance to be flat or slightly decline and EBITDA to be flat. This follows the rising downside risk to the already weak economy driven by the prolonged impact of Coronavirus stem from the
. It was still challenging for telecom sector particularly in the mobile business due to weak consumer spending and revenue loss from traveler sector due to international travel restriction. Fixed
1 FY20 MD&A Advanced Info Service Plc. Executive Summary Mobile business affected by weak economy and competition in data pricing Slowdown in economic and business activities had been observed
Bt2,189mn, increasing 23% YoY and 7.4% QoQ due to strong subscriber demand in working and studying from home, partially offset by continued low price offering to address weak consumption which lowered ARPU
. Government enforced fully lockdown with varying degree of restriction within the 2Q causing significant economic impact. For telecom, new subscriber acquisition as well as handset sale remained weak while