line with our incremental rates. We adjusted employee salary to remain competitive in the labour market. We hired more staff to be prepared for new big projects in the first quarter of Y.2020 and for the

expense over earned premium moreover increased from 58.1 % in the same period last year to 63.5% this year because the term and condition of compulsory motor policies had been adjusted in accordance with

, and eventually dropped. Premium on certain policies had been adjusted to suit their corresponding risks. Also, earned premium had risen by 16.45% Motor insurance contributed 75.29% to the company’s

Chemicals Public Company Limited | 2 % Adjusted EBITDA Margin Quarter 2/2016 Quarter 1/2017 Quarter 2/2017 Business Unit Methyl Ester 7.2% 6.2% 6.3% Fatty Alcohols 6.3% 11.3% 24.7% Management’s discussion and

goals. The portfolio will be adjusted with a view to rebalancing asset allocation to suit investors? age and risk appetite during a lifecycle. For those who are interested, please find additional

revenue and generate a sustain long-term returns. In 2019, CPN progressed with the following asset enhancement initiatives. • The major renovation at CentralWorld, has been started phase by phase since 4Q16

long-term returns. In 2019, CPN progressed with the following asset enhancement initiatives. Renovation programs of existing malls are under way and expects to be completed in 2019 comprising a

the factors mentioned above, the company had Adjusted EBITDA Margin in quarter 3/2017 of 355 MB increased from quarter 3/2016 which was 239 MB and had Adjusted EBITDA margin for the period of 9M/2017 of

International Energy Agency ( IEA) adjusted their estimate of global oil demand growth to just 1. 0 million barrels per day, a reduction of 0. 4 million barrels per day from the forecast made in early 2019. Dated

. บรษัิท โกลบอลกรนีเคมคิอล จํากดั (มหาชน) Management’s Discussion and Analysis | 3 Note : (1) Adjusted EBITDA refers to EBITDA excluding impact of Stock Gain/(Loss) and NRV Operating Performance Table 1