, TFRS 9 Financial Instruments and TFRS 16 Leases, by adjusting from the retained earnings as of January 1, 2020 and didn’t adjust the financial statement of the previous year. The adjustments of right-of

ในหมวดอุตสาหกรรม ธนาคาร ดังนัน้หากมีปัจจัยลบที่ส่งผลกระทบต่อการลงทุนดังกล่าว ผู้ลงทุนอาจสูญเสียเงินลงทุนจำนวนมาก”  กองทุนจะเข้าเป็นคู่สัญญาธุรกรรม Bond Forward ในฐานะผู้ซ้ือ (Bond Forward Buyer) โดยตก

driven by lower industry-wide Integrated PET spreads. Going forward, management will focus on cost management initiatives, drive operational excellence, and working capital optimization in parallel with

N.A.(>100) N.A.(>100) - 2.2 N.A.(>100) Other income 1.8 0.9 3.0 233.3% 66.7% 26.9 176.9 557.6% Profit before expenses 420.8 388.3 505.9 30.3% 20.2% 1,144.6 1,607.3 40.4% Gain (loss) on forward contracts

next wave of growth in the Americas 2018 Corpus Christi (1/3 ownership in JV)  Significant step forward in IVL value- creating strategy underpinning strong growth momentum  Creates new and exciting

-2023 PET: 367 kta PTA: 433 kta Double digit ROCE 700-800 (till Dec’19: 381) Recycling projects PET recycling 2020-2023 ~600kta ROCE 12-14% 700-800 9 IVL Strategic Priorities Going Forward IVL remains

Quarter 2020 MD&A 8 IVL Strategic Priorities Going Forward IVL remains focused on its financial objective for 2023 - to achieve double-digit ROCE in each of its core businesses; top decile total shareholder

 Working capital and inventory management IVL Strategic Priorities Going Forward IVL remains focused on its financial objective for 2023 - to achieve double-digit ROCE in each of its core businesses; top

in Asia.  Going forward, structural changes taking place in Asia should benefit the industry as a whole. Lack of new announcements in capacity expansions and continued growth in demand is a positive

Report Better performance of Thai Economy in Q1/FY2019 pushed forward the market’s growth in every aspect, as well as growth of Thai GDP that led to; 1. Increase in Company’s revenue around 73.39 million