marketing expenses (PR, promoting, advertisement, etc.) from the increase of 10 pre-sales project launches compared on the same period from last year. These new projects will result in the future revenue

targets to expand rental areas in existing branches and new outlets in the future so that the Company will receive extra income and draw customers’ attention. 2. Cost of goods sold and gross profit YE18

also embarked on a journey to make the organization ready for the future. Initiatives in this regard include the recent strengthening of the management team with the recruitment of the Chief Strategy

continued growth aspirations, IVL has also embarked on a journey to make the organization ready for the future. Initiatives in this regard include the recent strengthening of the management team with the

21,250.21 million THB to 21,811.65 million THB. It is mainly because of the followings: 1. The deposit fee for plots of land for project development in the future increases 267.16 millon THB or 281.65% for

of a Company’s subsidiary Cal-Comp Precision Holding Co., Ltd. for the purpose of future organization structure and operating plan for precision entities, as per the Notifications of the Stock Exchange

rental areas in existing branches and new outlets in the future so that the Company will receive extra income and draw customers’ attention. 95.12% 95.25% 95.64% 4.88% 4.75% 4.36% 2Q17 1Q18 2Q18 Sales

position to invest in accretive opportunities that will increase EBITDA and enhance future returns. Table 3: Pipeline of Ongoing Projects 2018-2019 Project Business Year First full year earnings impact from

in existing branches and new outlets in the future so that the Company will receive extra income and draw customers’ attention. 2. Cost of goods sold and gross profit 3Q18 and 9M18 gross profits

future business plan and higher depreciation from more assets acquired. In addition, there are legal advisory expense in franchise preparation, property tax collected retroactively accounted for THB 1.6