rising plus additional coverage of 5G in key area. The growing COVID-19 impact on economy is likely to be less pronounced to telecom spending which is relatively resilient in nature to the economic
received from Thai Ethoxylate Co, Ltd. (TEX) and interest income of THB 148 million. In addition, the company had injected equity of THB 180 million to GKBI. Additionally, there was cash spending for
. This was driven by a significant decrease in advertising and promotional expenses in the UK market under the operation of ICUK aligning to the spending control scheme in order to achieve an appropriate
Limited (GKBI) amounting to THB 286 million and cash spending for PP&E for THB 214 million mainly from investment in methyl ester plant 2 . In the meantime, the company had received cash dividend from Thai
markets went into a tailspin, whereas turbulence was seen in manufacturing, service and tourism sectors, which in turn dampened domestic spending sentiment. The situation adversely affected the government’s
. The Company had cash received from investing activities of THB 222 million primarily due to an increase in deposits with financial institutions of THB 452 million and cash spending for PP&E and
segment were also severely impacted due to lockdowns, less consumer spending on durables and travel restrictions although Hygiene Fibers had stellar results. • Non-durable end markets for IVL products
consumption, albeit expanding, began to exhibit decelerating growth following a recent ramp-up in spending on durable goods. Likewise, private investment remained weak pending more apparent signs of economic
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