2017/18 (ended 31 December 2017) 7 VGi GLOBAL MEDIA PLC MANAGEMENT DISCUSSION & ANALYSIS 3Q 2017/18 12 FEB 2018 MANAGEMENT OUTLOOK Thailand’s economic recovery remained on track and is poised to continue
Omnichannel platform which is thriving as we attract new customers and welcome back existing ones. After reopening stores, our sales and profit in the third quarter have steadily recovered compared to the last
projections of internal cash accruals and prudent borrowing. IVL is poised to grow in a disciplined manner and pursue its consistent strategy of prudent in- vestments in higher-margins HVA businesses
since 3Q18 and is continuing this practice. Overall, we believe that with promising opportunities in new growth engine segment, supported by well- established existing busineses, IVL portfolio is poised
-hours in 2017. A growth of electricity consumption was mainly driven by the expansion of economy and thriving tourism. As for economic outlook in 2019, National Economic and Social Development Board
have developed online payment solutions to accommodate the thriving e-sports industry in Thailand, with priority given to convenience, speed and accuracy of payments. Large Corporate Business KBank
provisioning rate. Operating expense marginally decreased by 0.4 percent from last year. The cost to income ratio was poised well at 41.1 percent. At the end of December 2019, loan amounted to Baht 2,061,309
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poised to maintain its key policy rate throughout 2019. Given the Thai economy’s strong fundamentals, risk- averse investors thus put greater weight on Thai assets, as evidenced by ongoing capital inflows
significance. The occurrence of the outbreak has affected the global economy, including the Thai economy which is poised likely to experience a recession within this year. Due to the COVID-19 outbreak affecting