factor was 62.7 percent, weakened from 64.5 percent. Passenger yield per RPK was 4.25 Baht, decreased from the second quarter of 2016 by 8.3 percent. Moreover, dividend received from BDMS during the period
and loans. The accounting policy, that was used to record and measure the value of financial tools, has been disclosed in the released notes to the financial statements. The Company has reduced the
growth. Recent warrants exercise further reduced IVL Net Operating Debt to Equity ratio to 0.53 times at end of 3Q18, which provides a significant investment head room to continue with growth capex in a
establishing and pending promulgation of 2020 capital expenditure and 4) Consumption and investment of private sector was shorten in the meantime household purchasing power weakened from income, unemployment
mobile users during the pandemic lockdown, including 10GB free data and 100 minutes free calls. These measures resulted in a negative impact on prepaid top-up and hence weakened ARPU. Price competition in
announced in many countries, severely impacting both the tourism service sector and related businesses. Meanwhile, merchandise exports shrank as the global demand weakened due to lockdown measures and supply
weakened from 1.1 percent in 2018 to 0.7 percent in 2019, largely due to a fall in energy prices, especially in the third quarter. Core inflation was 0.5 percent, down from 0.7 percent in 2018. In December
from contraction of export sector as global consumer demand weakened. The tourism sector and private consumption grew at a slower pace. On the other hand, the personal loan of commercial banks and
softening in their gross margins rates. The overall average selling prices decreased from the previous year, following the decline of global raw material prices with baht also weakened in the current period
to the mounting household debt, higher interest rates, and weakened purchasing power among consumers. For the period of January to September, total vehicle production volume increased by 1.6% year-on