closely with our customers to demonstrate the added value.” 2. Outlook A more challenging external environment, owing to continued trade tensions, impacted negatively on the economy in the second quarter
contribution in 2019. With 90 manufacturing sites across 30 countries, and more than 90% in domestic sales, IVL is strongly suited for today’s macro environment to benefit from the trade tensions, supported by
high competitive environment, causing the trade accounts receivable had decreased from the previous year. In addition, the company has an average debt-collection period of 63 days which is less than an
remained in the doldrums during the second quarter of 2019. The inconclusive US-China trade negotiations, which showed no sign of ending, exacerbated the lackluster global trade and investment environment
the business environment by closed 8 departments which have accumulate loss in year 2019. Moreover the Company has promotional activity, made an advertisement in each area for increased sale
implications for the economy have been severe. Asia is openly exposed to the world economy through flows of goods, labour, capital and people. Therefore, Asian economy is highly dependent on the global trade
total asset (THB mn) % out of total asset Cash & cash equivalents and Current investments 484 29.7% 261 13.0% Trade & other receivables 276 16.9% 254 12.7% Building and equipment 176 10.8% 469 23.4
Strong Trade Partnerships with countries among Indo-Pacific ▪ 14 FTAs with 18 partners, ASEAN countries, Australia, New Zealand, Japan, China, South Korea, India, Chile, Peru, and Hongkong ▪ Indo-Pacific
Exchange of Thailand Business Overview In the year 2018, the Thai economy remained stable with the volatility of global economy including the impact of the trade war between the United States and China
the net trade debts of THB 1,136 million and some portion from the trade creditors agreed to reduce the accrued interests payable during the negotiation period before the completed debt-to-equity