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SET-listed companies’ 9-month performance affected by weak oil prices and economic slowdown

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In 2023, SET-listed companies saw a decrease in total sales and net profits, primarily due to the poor performance of the Energy & Utility and Petrochemicals & Chemicals sectors. The weak oil prices and economic slowdown were the main contributing factors to this decline in performance over the 9-month period. As a result, the overall financial performance of these companies in the SET market was negatively impacted.

The Energy & Utility and Petrochemicals & Chemicals sectors were the most affected, leading to a decrease in total sales and net profits for SET-listed companies in 2023. The weak oil prices and economic slowdown played a significant role in this decline, causing a negative impact on the overall financial performance of these companies. As a result, the 9-month performance of SET-listed companies was adversely affected by these market conditions.

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