achieve the target especially in second half of the year due to the decline of Chinese tourists and economic slowdown in several countries especially in Europe which negatively affect spending power of
campaigns across Beverage and Food businesses resulting in higher sales growth while maintain spending level. Administrative Expenses Administrative expenses of Q3’2018-2019 was Baht 519 million, about flat
regulation issued under The Emergency Decree on Public Administration in Emergency Situations from the Coronavirus disease 2019 (COVID-19), and low spending season. Even though online sales channel have been
billion) of income, an 11.7 percent increase from 2016. The main driver of tourism income was spending by Chinese tourists. Meanwhile, global financial markets experienced occasional volatility amid
exhibited signs of ongoing growth, driven largely by exports and tourism. This is in line with the overall global economic improvement. Domestic spending enjoyed promising growth, as evidenced by brighter
income and expenditure of trade partners, with the aim of expanding the customer base within value chains. One noteworthy development was construction material operators who have acquired customers of
Capital Expenditure Program We continue to invest in the business to enhance overall production, vertical integration and quality of earnings. Improved cash flows and ongoing commitment from shareholders
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
plan for this business including a project to drive new demand for IPA, feedstock optimization and one line conversion to become switchable between IPA and PTA. Capital Expenditure Program IVL expects
) 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