expenditures including the amount of expenditures already paid, a description of the method of financing the activity, the estimated dates of start and completion of the activity, and the increase of production

maintain the capital adequacy or capital reserve, the applicant shall notify the Office in writing immediately of such matters; □ (2) Audited financial statement with auditor’s opinion for this fiscal year

statement with auditor’s opinion for this fiscal year compared with the preceding year. □ 2. Supporting documents for consideration under Clause 4 (2): □ (1) Violation record, under the law specified in the

the end of previous fiscal year, which was resulted from the adoption of accounting standard TFRS 9 by calculating the expected credit loss (ECL Model) together with probable forward looking

consolidated financial results, the Company has total revenues stable compared to the same period of last fiscal year due to the current economic situation which is in an improved trend but the risks to asset

of cost of goods sold so cause gross loss. Total revenue decreased due to the decrease of sale volume and selling price. Sale volume decrease cause by production volume decrease. Both company and

consumption, production and export sectors in Thailand. There are various industries that have an impact on the production and supply chain from upstream to their downstream, such as electricity, electronics

year 2022, cause some time the realized cost CPO used in production was higher than the Company’s product selling price approximately 8.00-10.00 Baht per Kilogram and the Company had to recognized loss

to B5 to mitigate the impact of rising diesel prices, as the aforementioned measures, the demand for biodiesel and the production capacity was decreased. For the price in 1st quarter of 2022, the

increased emphasis on leadership development are the key strategic priorities for the group. 4Q19 IVL Performance Summary IVL reported 2.9 MT of production volume in 4Q19 (-8ppt. organic and +10ppt. inorganic