line with our target of ~15%. ESG & Carbon Neutrality Carbon neutrality will be IVL’s key differentiator going forward, and we have laid out a strategy to include recycling, renewable energy, ethical

sustain its growth. Overall, however, it was plagued by weak exports and tourism amid the global economic slowdown. Aside from these challenges, businesses had to contend with more complex competition

– economy, society and environment – under good corporate governance and appropriate risk management. Guided by the Customer Centricity strategy and resolution of delivering an excellent customer experience

actively find opportunity for new potential investment driven its business growth compatible with strengthen the revenue structure and support sustainable growth strategy. In 2019, the Company progressed

10290, THAILAND TEL : (662) 815-7060 028163060-1 461-2100-1, FAX : (662) 461-2102 , 8160179 . REF: SET 62-02 February 27, 2019 Re: Clarification of the overall operation for the year 2018 To: the

from higher selling price of Caustic Soda and Epichlorohydrin (ECH) due to limited export volume from China. While the overall sales volume also increased as a result of better PVC export market, more

compared with the same period of the previous as follows; 1. Overall operating results The Company had net profit 12 million Baht decreased 1 million Baht, as a result of Dividend income and Gains on sales

for the business operation in Quarter 2 of 2017. When compared with the total revenue of Baht 155.57 million for same period of the year 2016, the overall total revenue increases in the amount of Baht

the period therefore has influenced the Company’s overall sales revenues that are quoted by US dollar as compared to previous year. 2. Cost of sales For the first quarter ended 31 March 2018, the

tons or 61% more. As a result, high utilization rate and efficiency improve in period caused lowering in overall production cost. Consequently, the gross profit margin increased from 26% to 37% in 2nd