aforementioned impact and economic uncertainties, which led several businesses reduce their advertising spending. Domestic advertising revenue was THB 97mn, a decrease of 62.9% YoY. International advertising
-19 pandemic, which resulted in more lockdowns and travel restrictions in several countries including Thailand, Malaysia and Indonesia – the Company’s major markets. In Thailand, despite the success in
, sales of other product, screw flight and plough are also having a downturn this year especially screw flight that worsen by 33% from last year’s sales. The decline in sales were caused by several negative
Company had operated and delivered several large projects which most of them were from the previous quarter and were ongoing. Nevertheless, during the Q2– 2020, it was the first period that was affected by
shortages. Hence, Portugal operation generated a significant loss in this quarter. 2) Higher SG&A 3) Higher tax expenses However, there are also several positive factors: 1) Strong performance of our
the threshold for invoicing. Inventories increased by 446. 4 MB, representing an increase of 51. 7% because during in Q2- 2022, there are several large projects that have recently received and those are
distribution channels to increase fee income and assets under advice. The area of Investment Banking will combine the expertise of several functions within the Group to allow the Group to offer more
expertise of several functions within the Group to allow the Group to offer more comprehensive financial services to meet clients’ demands. 11 Commercial Banking Business including retail lending, commercial
several functions within the Group to allow the Group to offer more comprehensive financial services to meet clients’ demands. Commercial Banking Business including retail lending, commercial lending
THB1.225/share for 2019. IVL concurrently undertook several transformative initiatives that were announced on 4th Feb 2020 at its Capital Market Day, which are expected to generate benefits starting in 2020