products and catch up with technology changes and dynamic marketing. On the other hand, the company is setting up new companies for research & development of Electric Vehicles in the USA and Industrial

Thai Financial Reporting Standards No. 16 re: Lease Agreement for the first time adoption (“TFRS 16”) starting from 1 January 2020, using the cumulative catch-up approach without retroactively adjusting

. Although there have been problems and obstacles during work, the Company was able to fine tune and improve the work process to be smoother and faster. The progress of work continues as planned, and the

oil price in 4Q2019. While, natural fatty alcohols price was unable to catch up crude palm kernel oil price immediately, in addition to plunged price of Short Chain alcohols despite of lower in coconut

oil in the Company was unable to catch up with the price of crude palm oil in the market Therefore, the company has a selling price of biodiesel oil that is lower than the cost of sales. Along with

price was unable to catch up CPKO price immediately. When deducting impact from Stock Gain & NRV of THB 130 million in 1Q2020, Adjusted EBITDA was recorded at THB -86 million, a decrease of 184%. P a g e

volatility of CPKO price. Despite, CPKO price moved upward compared to previous year, the average of product price was unable to catch up CPKO price immediately. As aforementioned, the Company recorded EBITDA

will also fine-tune products for sale to match with customer preference in each area to attract more customers to visit and shop more.

its economy then the global demand will revert to its pre-pandemic growth rate and supply will have to catch up. For IVL, this positive global sentiment has resulted in strong volume demand for all of

supervise and ensure fair treatment for retail and SME customers will pose a heightened challenge to banking performance. To cope with these issues, commercial banks may have to fine-tune their strategies