made a strong start to the year, with improvements in production volumes and margins across all segments and geographies. This performance is a result of our long-term investment strategy, the
depreciated. In addition, this was due to a decrease in depreciation expenses from Dusit Princess Korat as a result of the asset disposal in late 2017. Education Business In 4Q18, revenue from Education
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
4 million, increased by 160.2% yoy as a result of an increased in interest expense. Loss sharing from investment for the year 2019 was Baht 15 million, in line with the loss sharing for the year 2018
% yoy as a result of an increased in interest expense. Loss sharing from investment for the year 2019 was Baht 15 million, in line with the loss sharing for the year 2018 due to the better performance in
of available-for-sale securities as a result of the capital market volatility. Interest income was Baht 3,678 million, increased slightly by 0.3% yoy mainly from the increase in interest income on
/month pshot had total reven was Bt63,517m ment while fixe ncreasing 28% e. SG&A was Bt1 . As a result, EB ance of 42‐44% ncial Summ total revenue w Q mainly from nd fixed broadb ue (excluding IC
adjustment of the appraisal value and conditions of the disposal assets at that time including negotiation result with WHART Trust. 3. Undertaking Agreement in Connection with Disposal of Assets For disposal