higher by 34% QoQ due to entry in to India. The Hygiene business is relatively secure as IVL has already positioned for local supplies. Hygiene business volumes are higher by 62% YoY primarily by our entry
and a change in retirement benefit provisions), representing a reduction of 14.1% Q-o-Q and 59.5% Y-o-Y. The decrease in the operating results was due primarily to a decrease in sales revenue, an
primarily due to more accrual from social security bureau. For inventory day, it improved comparing to the same quarter of last year. Please be informed accordingly. Yours sincerely, (Surin Prasithirun, M.D
foreign currency exchange and non-recurring expenses at the 1st half of the year. Interest bearing debts to equity (IBD/Equity) ratio was slightly higher than Q2 2018 at 0.83 times, primarily due to
continued to gradually expand in the second quarter, driven primarily by the export and tourism sectors, as well as an increase in the price of rice after a prolonged period of stagnation. However, these
and other receivables increased by Baht 41.79 million, primarily due to the increase in trade receivables of management service and engineering service. • Inventory increased by Baht 61.78 million, due
increase of revenue. This was primarily due to high base of 2Q’17 revenue following the adjustment of social security income for the amount of THB 7.7 million. Meanwhile, the 2Q’18 administrative expenses
subsidiary. Net Profits The consolidated profit before non-controlling interest of 3Q’18 increased by 1% yoy. The slight increase of net profit despite high growth of income was primarily due to lower gross
baht which represent gross profit margin of 58.8%. An increasing of gross profit primarily stem from an increasing of gross profit proportion in revenues increase from collection of purchased accounted
primarily due to prepaid expenses and raw materials for engineering service and trading business. • Other non-current assets increased by Baht 15 million due to withholding tax and work retention. • Trade and