16.1% YoY, driven by C-Vitt, a strong No. 1 brand in the category, whose market share successfully booked a new record high of 31.3% (+580 bps YoY). Osotspa anticipated a stronger C-Vitt growth in 2H’20

various actions which help to mitigate potential effects. The Company has proactively implemented stronger preventive measures in all its business locations. Business models were adjusted to offer more

establish a stronger presence in the high-end market segment. Management Discussion & Analysis 2022 2 I 9 The increase in sales revenue was contributed by (1) increase in Branch sales by THB 38.56 million, (2

extend credit terms for franchises with orders from government or private entities, which has increased sales opportunities for franchises. Nevertheless, the stronger growth in retail sales has allowed the

from 3.3 percent in 2016 on the back of rising exports and a robust tourism sector, consistent with a stronger recovery in global demand. Headline inflation rose to 0.7 percent, following higher energy

to a stronger growth of trading partners’ economy, and in terms of prices on the back of rising global crude oil price. Tourism sector continued to expand, private consumption gradually increased

segment, 1Q 2018 production increased to 947 thousand tons, up by 8% year-on-year, with operating rates at 87%, underpinned by stronger demand for our products, tighter global supply/demand balance and

Q2 and flood causing transportation difficulty in Q3, and China where some distributor had weak performance. In addition, Thai baht was stronger by c.5% against the US dollar compared with the same

due to lower prices. Net debt to equity is at 0.99 times, well below IVL’s covenants, and supported by stronger operating cash flow. The dividend payout of THB 1.225/share for 2019 remains higher than

 uncertainties. The h as “may”, “will”, “expect mptions involve risks and u Please note that the compa   htt e Plc.  g 98% populatio e strongly, and  focus  on  4G  c o encourage  fu 5,900 subscribe ld stronger