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
from the earlier period. The main impulsion were continued expansion both merchandise exports and tourism. The value of merchandise exports, consistent with the faster economic growth among Thailand’s
deliver on its consistent strategy of diversifying its earning streams within its core areas of competence. As is evidenced in Figure 3, this strategy has played a key role in creating long-term value at
effective on 1 April 2019, as well as hire purchase growth remained high consistent with car sales. However, commercial banks remained tighten credit standards as their concern on a deterioration in debt
moderately from the previous quarter in tandem with the housing loan growth after loan to value (LTV) measure. Auto loan and personal loan continued to expand consistent with increased domestic demand. However
center services CPN has amended the recognition of cost of food and beverages in 2019 in compliance with TFRS 15, consistent with the revenue from food center services. In 2Q19, CPN reported costs of food
as well as to help the Company earns consistent revenue and manage assets at the utmost benefits. • Additional revenue from other service businesses include outside catering (Dusit Event), housekeeping