Page 4/21 Overview of Economy and Competition in Commercial Banking In the second quarter of 2019, the Thai economy continued to expand due mainly to the expansion of domestic demand. Private consumption
. Growth is estimated at 4.2% the fastest pace since 2013. The expansion was supported by the speed up in private consumption expenditure, government consumption expenditure, and investment. In the meantime
magnitude of last year amidst the increasing trend of electricity Ft rate. • Higher maintenance, repair and personnel expenses to support the expansion of new shopping malls. Cost of food and beverages Costs
increase in net interest income which was derived mainly from expansion in retail and SME business loans, in line with growth in net interest margin (NIM). Excluding gain on investments of certain banks in
total may not match to IVL due to holdings segment, except regions where holdings are allocated 5 The global BOPET film industry has expanded rapidly and there are increasing applications and end-uses
considering more expansion of F&B business. The target revenue from food and beverage business is THB1,000mn within 2023. ( * source: Press Release no. 65/2019 from Bank of Thailand, 6 November 2019
wave of COVID-19, as well as expanding food delivery service points to have higher area coverage • Focusing on increasing pop-up stores instead of establishing new dessert café branch as it requires
Management Discussion & Analysis Q3/2022 Expansion of After You Branches According to Higher Demand of Customers During Q3/2022, the Company opened a new After You dessert shop at Central Festival East Ville