Olefins and Specialty Chemicals businesses are expected to remain weak for the rest of 2019. This changed ecosystem necessitated a comprehensive review of our 2019 EBITDA Guidance. At this juncture, we

the rest of 2019. Earnings from the Olefins and Specialty Chemicals businesses are expected to remain weak for the rest of 2019. This changed ecosystem necessitated a comprehensive review of our 2019

quarter again on target. We met our key financial objectives, such as EBITDA and net income, despite a very weak sugar season, via launching commercial sales of a new product, extending the export markets

positively, private consumption remained robust through amid still- weak inflation. On 10th July, a new cabinet was formed that should largely see policy continuation; however, given the coalition’s slim

primarily in the steel and construction segments. Combined with the ultra-weak sugar season that ended early in April, the burnt sales volumes were under significant pressure resulting an 8% lower sales

remained concentrated on smaller packages as consumers affected by sluggish economy are seeking for value-for-money. Therefore, the industry ARPU remained under pressure amidst weak spending environment

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

FY21 MD&A Advanced Info Service Plc. Executive Summary Maintained leadership in mobile business The COVID-19 has induced an economic slowdown and limited business activities, affecting weak consumer

. 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

Company’s major export countries, e.g. Cambodia where flood caused transportation difficulty and China where some distributor had weak performance. In addition, Thai baht was stronger than currencies of the