chain disruptions. Mobility improved before softened in March 2020 due to lower auto manufacturing. Capital Expenditure Program IVL expects its balance sheet and cash flow from operations to remain strong
-openings. However, towards the middle of the year, the rising inflation and continuous increase in energy costs limited private consumption and signaled a global economic slowdown, raising spending concerns
to maintain liquidity. Public expenditure was affected by the delayed enactment of the Annual Budget Expenditure Act B.E. 2563. The government is also reallocating parts of its budget to mitigate the
stemmed from the relocation of the manufacturing base of hard disk drive to Thailand earlier. Meanwhile, public spending in capital expenditure slightly declined from the high base of last year. For export
) Steady growth in private consumption from stimulus packages and recovering agricultural product prices from production expansion and 4) Other supporting factors, such as government spending and other
equipment in line with the import of capital goods which partly stemmed from the relocation of the manufacturing base of hard disk drive to Thailand earlier. Meanwhile, public spending in capital expenditure
at 3.50%, which will be used for capital expenditure and working capital. PERFORMANCE BY BUSINESS Rental Properties Business Q2 2016 Q2 2017 Increase/(Decrease) THB mm THB mm THB mm % Revenue 416.7
) was ready to start commercial operation from November 2019. Although, SDWTP had average sales volume more than 80% of Phase 1A’s installed capacity during November to December but depreciation expense
. Administrative and Selling Expenses Selling, general, and administrative expense amounted to Bt1,612.8 million in 2019, or 13.3% of sales, a decrease from Bt1,804.3 million the previous year. Selling expense, such
Exploration and Production Business recorded impairment losses of the exploration and evaluation expenditure from the cease Executive Summary 4 | Management Discussion and Analysis of Business Operation for the