year while demand for mobile data nearly doubled YoY to 6.7GB/data sub/month from video streaming and increased 4G handset penetration (46%). To compete for quality subscribers who bring growth in data
-competitive environment. Revenue from non-mobile enterprise business recorded Bt1,271mn, grew 17% YoY following the demand of digital transformation in the enterprise sector. Soften EBITDA from pressures on
. Nonetheless, the inherent risks remained in the global economy that hindered the demand for exports, the local political uncertainties, and the imbalanced economic recovery among grassroots consumers. Most Thai
: +662 661 6664 1 3Q19 IVL Performance Summary IVL reported 3.3 mmt of production volume (5% organic and 18% inorganic growth yoy). Organic growth reinforces the demand growth in our business. Inorganic
the pressures from the softening demands, as the same period of the previous year saw high demand from the low oil price. Also, supply increased due to production adjustments of refineries in Asia which
in the form of the cooperation between OPEC countries to reduce production volume, which reduced more than 150% of their target in Q1; majority of the reduction can be attributed to Saudi Arabia. Crude
percent last quarter primarily as a result of buoyant oil prices. Consequently, headline inflation, for the first time in 4 quarters, reached the Bank of Thailand’s target of 1-4 percent. At the same time
from recovery of internal demand of several countries. In the meantime, Thai economy still has continuously expanded in the same direction from investment motivation of both governmental and private