from 0.85x to 1.53x as well as net interest-bearing debts to equity from 0.41x to 1.33x. However, the company is still relatively over leverage with the plan to rebalance the capital structure. Financial
result of loan repayment by net proceed received from SPRIME. Nevertheless, the Company determines to maintain an optimal capital structure by lowering leverage level which will ultimately reduce debt
ratio from 1.35x to 1.39x was mainly due to dividend paid to shareholders in May 2019. Nevertheless, the Company determines to maintain an optimal capital structure by lowering leverage level which will
bad debt recovery and efficiently control the operation cost. 2. Financial Status Statement of Financial Position February 28, 2021 May 31,2021 Change Unit : Million Baht %YoY Accounts Receivable Total
Sriracha. On 19 November 2019, the Company increased investment in Dusit Colours Co., Ltd. by 51% resulting the 100% investment. In November 2019, the Company decided to change the objective of investing in
structural change in the business outlook of PET, and is an oppor- tunity for well-managed and committed PET producers like IVL to align supply reliability to customers. We benefitted from the instability
amortization Operating highlight in Q1/2018 Q1/17 Q4/17 Q1/18 Change +/(-) (THB million) QoQ YoY Operating revenue 5,366 4,849 5,716 18% 7% Gross profit 1,098 1,315 1,647 25% 50% EBITDA 915 1,137 1,482 30% 62
Company Limited and its subsidiaries had the operation results for the nine-month period ended September 30, 2019 with the following details: unit: THB million 2019 2018 Change (THB million) Change
: Million Baht) 3 Months Change % Change 2 / 5 Operating results by business for the three-month period ended 30 June 2020 • Increase in gross profit was mainly derived from the following reasons: 1