1650% 0.52 0.29 0.22 76% 2 / 4 Financial results of 3-month ended period ● Although situation of Q3/2017 were depressed comparing to Q3/2016, the revenue of Q3 presented 61 million baht or 13% improved
. Spending was boosted by the government’s stimulus measures and the export sector was supported by brightening global economic prospects. However, any potential Thai economic recovery over the rest of the
additions also came from fiber assets acquired in 2018 & 2019 (Avgol, Kordana, Schoeller, UTT). The EBITDA however decreased 29% YoY due to depressed margins in IPA business and lower Rotterdam production
because of Baht appreciation. Business outlook for Q1/2020 was expected that Thailand economy would be depressed compared to the same period of 2019, in line with economic and the slowdown of private
depressed. Average Price 3Q2019 3Q2018 %YoY 2Q2019 %QoQ 9M2019 9M2018 %YoY (USD per ton) Fatty Alcohols (1) - Short Chain 2,848 3,822 -25% 3,030 -6% 3,042 3,761 -19% - Mid Cut 1,033 1,351 -24% 1,110 -7% 1,128
period of previous year, resulting from purchasing power of China depressed mainly from US-China trade war and depreciation of Yuan (CNY) against US dollar. Besides, the extreme fluctuation of crude palm
2018 & 2019 (Avgol, Kordana, Schoeller, UTT). The EBITDA however decreased 9% YoY due to depressed margins in IPA business and lower Rotterdam production. On a LTM 2Q2019 basis, the absolute EBITDA
: Thai Bond Dealing Centre Although bond prices were depressed, the market remained active. The average daily trading value of debt securities registered by the ThaiBDC was about 12 billion baht, up 15