period in the previous year, which had total revenue of 41.84 million Baht. This increasing was attributed to higher domestic sales. However, the Company recognized lower revenue from overseas sales

higher than the year 2017. Debt to Equity Ratio In 2018, the Company had a ratio of debt to equity was 0.27 times a little lower than the year 2017 having 0.29 times which showed that the proportion of

) lower profits at our associate namely ABPIF. Gain (Loss) on Exchange Rate • Recorded Gain on Exchange Rate at Baht 11 million in Q1’2019, primarily attributable to a unrealized gain on exchange rate from

, inverted from net loss of THB 92 million in 2Q17; and of THB 231 million in 1H18, representing 632.0% growth yoy. This strong growth was driven by the gain from sales of investments and the result of hotel

) (2,323.4) 29.4% Gross profit 465.6 471.6 463.7 (1.7%) (0.4%) 905.0 935.3 3.3% Net gain (loss) on exchange rate 30.9 (4.6) 86.7 N.A.(

remains high, and gross refinery margin improved from the increase of crack spread for all products, along with a record of inventory gain from rising average crude oil price during the quarter. Marketing

reduced the cumulative number of Baht 2,182 million, which resulted in lower loan purchased of receivables and accrued interest receivable, in the amount of Baht 75,193 million, as at January 1, 2020

from adopting TFRS9 had reduced the cumulative number of Baht 2,182 million, which resulted in lower loan purchased of receivables and accrued interest receivable, in the amount of Baht 75,193 million

to a 20% reduction in IVL’s core EBITDA. Operating cash flow through this period increased by 33% to $1.3B, as a result of lower prices and operational excellence. IVL has proposed a dividend of

13.1% 14.6% -1.5% 12.3% 14.3% -2.0% In September 2018, the Company completed divestment of Interactive Communications – a subsidiary of the group - and booked gain on sales of investment of THB 12.3