would have recognized a total sales Baht 5,248 million, lower than Year 2018 total sales of Baht 5,349 million, or a decrease of 2% YoY.  In Q4/2019, the Company and its subsidiaries recorded loss of

palm oil prices slumped in late June. However, the Company had to recognized loss from diminution in value of inventories amounting of Baht 42 million. Revenue 1. Revenue from Sales and Services For 2nd

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

transaction for THB 44.8 mn under other income. • In 2Q19, the Company recognized a provision of employee benefit for retirement amount THB 116 mn, as well as a retroactive adjustment for GLAND amount THB 15 mn

million In 2019, the Company has increased expenses for filing lawsuits against long overdue debtors. Including the Company and its subsidiaries recognized the expenses from the compensation adjustment for

second quarter of 2019, the Company has increased expenses for filing lawsuits against long overdue debtors. Including the Company and its subsidiaries recognized the expenses from the compensation

mainly due to LQSF’s assets recognition of Baht 269 million whose major assets were Property, plant and equipment of Baht 189 million. In addition, the Company recognized goodwill from acquiring LQSF of

the amount of 100 percent from all concert tickets. The Company recognized the revenue from concert tickets and sponsorship approximately THB 5,610,000 in February 2019. From a success of Sticky Fingers

life. The company is recognized for their market leadership and product innovation, and is constantly inventing and developing new uses for their products. Figure 2: IVL’s Business Profile Note: Segments

customer for new-branded beauty supplement products for body shape control. The Company gradually delivered the products and recognized income from the sales to such customer in Q1/2018 in an amount of