One of the SEC objectives is to support investors to develop a robust financial health, using the capital market to accumulate wealth in response to their needs. As such, to expand investment choices

coin offering (ICO) formats that can meet the needs of the business sector. Additionally, the guidelines have been refined to support a more robust ecosystem for investment tokens. All these efforts are

as working capital for business operation. The Board of Directors and the Audit Committee of HYDRO opine that the PP transaction will contribute to the company’s robust financial position

:  - have robust checks and balances mechanisms in place in every critical business system;   - have effective business continuity management and plans;   - have a customer onboarding and Know Your Customer

for Thai business operators to grow regionally; 3. Market Competitiveness: To strengthen Thai market competitiveness by building robust infrastructure compatible to digital business models; 4. Risk

flagship product, and herbal variants, which continued its strong growth momentum contributed by 25.1% YoY growth in Som In-Sum and 33.9% YoY growth for overall Chalarm brand as a result of adding Chalarm

strong with low debt-to-equity ratio and high current ratio. P a g e | 3 - Management Discussion and Analysis 1Q2020 - 4,346 1,714 2,942 881 1,102 900 83% 17% 61% 39% 77% 23% 1Q2020 1Q2019 4Q2019 2,816

reasons: Unit: Million Baht - The General Patient revenue for Q1/2019 were Baht 1,396.6 million which increased from Q1/2018 by Baht 192.3 million or 16.0% as a result of constantly growing of the existing

mainly due to greater scope expansion along with continual growing customer base. - Other Income other than revenues from hospital operation and scientific testing and laboratory service for 2nd quarter

Reported EPS less Inventory gains/(losses) less one-time extraordinary items Indorama Ventures 3rd Quarter 2018 MD&A 3 Financial Highlights IVL continued its strong performance in 3Q 2018, with growth in