, partnering with Asia Industrial Estate and planning to build new larger SPP plants (280 MW) to replace the existing plants (124 MW) to serve high demands in the area, - Achieving commercial operation date (COD
their full potential. IVL remains on track to achieving US$287M efficiency gains in 2021 (US$195M more over 2020). Note: (1) Index against 2015 IVL commodity EBITDA $/T; (2) Variability defined as
such cut to length as per customers’ requirements. The Company and its subsidiaries therefore sold scrap and recorded as the other income. 1.3 Cost of goods sold Major cost of goods sold are cost of
cut to length as per customers’ requirements. The Company and its subsidiaries therefore sold scrap and recorded as the other income. 1.3 Cost of goods sold Majority of cost of goods sold are cost of
unused machineries sold. The significant other income is income from scrap sales which are the results from the processing of cold rolled stainless steel sheet and coil such cut to length as per customers
of cold rolled stainless steel sheet and coil such cut to length as per customers’ requirements. The Company and its subsidiaries therefore sold scrap and recorded as the other income. 1.3 Cost of
same period last year. This figure shows that the Company significantly cut on sales expenses from the previous year according to the drop in sales revenue. However, sales expenses to sales revenue ratio
addition, the Bank of Thailand cut the ceiling rates for interest rates on credit card from 18% to 16% per annum and personal loan from 28% to 25% per annum, effective from August 1, 2020 onwards. On the
revenues were 5,005 million baht, decreasing 19% y-y. This is a result of the COVID-19 pandemic situation, economic slowdown and a higher household debt, In addition, the Bank of Thailand cut the ceiling