• Acquiring Glow Energy Public Company Limited or GLOW as a significant step of GPSC On 20th June 2018, GPSC had signed the share purchase agreement with Engie Global Developments B.V. to purchase 69.11% shares

, holding the largest market share in new business premiums. All of the above endeavors and satisfactory operating performance, together with sound corporate governance, allowed KBank and K Companies to meet

income payer shall be responsible for deducting a 15-percent withholding tax from taxable income which shall include (1) a share of profit or any other benefits of the same characteristics derived from the

0.94% 576.65 8.97% (503.65) -87.34% Finance cost and tax income 1.61 0.02% (4.54) -0.07% 6.15 135.46% Net profit (22.13) -0.29% 423.62 6.59% (445.75) -105.22% Basic earnings per share (Baht per share

1,146 -45% -17% Basic earnings per share (Baht) 1.51 1.01 0.83 Note: 1/ EBITDA from Refinery Business of the Company, BCP Trading Pte. Ltd. and Bongkot Marine Services Co., Ltd. 2/ EBITDA from Marketing

4,882.3 Earnings per Share (EPS) Baht 1.79 1.65 1.90 1.79 Total liability-to-equity ratio (D/E ratio) Times 1.31 1.43 1.57 1.79 Return on Equity (ROE) Percentage 12.10 11.03 12.55 15.247 Bangkok Commercial

per ton (YoY) in an otherwise strong season. Figure 1: IVL Quarterly Core EBITDA (LTM) The steady improvement seen in IVL’s core earn- ings follows on from IVL’s consistent strategy of prudent

profits by 12.5% as a result of higher efficiency gains from effective cost controls, despite a decrease in total revenue by 3.4% primarily due to the decline in revenue from sales, consistent with the

baht in the year ended 31 December 2016. It is mainly from reducing production cost of print media and magazines to be consistent with declining sales as well as proper production cost control

, decreased 7.7 million baht or 5.3 percent, as a result of controlling distribution cost of newspaper and magazines to be consistent with sales and services income. Consolidated administrative expenses for the