for margins and volumes in 2019 due to its enhanced portfolio of assets across the polyester value chain and the addition of new HVA businesses. IVL core ROCE for LTM 3Q18 at 14% is negatively impacted

performance starting from 1 August 2018 after the measurement of fair value of Trans.Ad Group’s identifiable assets was completed. 2019 PERFORMANCE ANALYSIS (YoY) MACO recorded an operating revenue of THB

incentives of a property fund for exemption of the value added tax, the specific business tax, and the stamp duty due to the conversion of a property fund into a real estate investment trust, as well as the

Baht, mainly due to the recognition value of joint venture of the Apollo’s deal and realized gain from the re-measurement of the remaining investment at fair values. Appropriateness of the Funding

-contractors identified and shortlisted by CNES. The EPC Contract with CNES will for a total consideration of THB 13,938,158.90. Though the contract value with each individual contractor and subcontractor(s

2Q 2019 CONSOLIDATED P&L SNAPSHOT * The Company restates the financial performance starting from 1 August 2018 after the measurement of fair value of Trans.Ad Group’s identifiable assets was completed

entered to Assets Sell Purchase Agreement on Pace Project One Co.,Ltd and Pace Project Three Co.,Ltd to King Power Mahanakorn Co.,Ltd with the total value of not exceeding 14,000 million Baht; in the

entered to Assets Sell Purchase Agreement on Pace Project One Co., Ltd and Pace Project Three Co., Ltd to King Power Mahanakorn Co., Ltd with the total value of not exceeding 14,000 million Baht; in the

restated its financial statements for the same period of the previous year after the fair value measurement of the identifiable assets acquired and the liabilities assumed at the acquisition date, and the

of 2018 were 51.9% and 50.8%, respectively. This gross margin had accounted for the fair value adjustment of the acquired business according to the accounting standards under WHA level. However, the