the quick ratios of 0.55 and 0.70, respectively. The increases were because the Company had less inventories corresponding to the decreased sales values. In its business operation, the Company uses the

2019 Change Reason Liquidity Ratio (x) 5.39 5.85 (0.46) Decreased mainly due to current portion of long-term lease liabilities increasing while asset increased less that liabilities increased. Quick

Liquidity Ratio (x) 5.23 4.53 0.70 Increased mainly due to the decline of account payable, while current asset decreased at slower pace. Quick Ratio (x) 1.63 1.93 (0.30) Decreased from lower cash and cash

impacted its EMEA portfolio in particular. IVL acquired two large mothballed sites in Egypt (PET) and Portugal (PTA) which did not operate for most of 2018, suffered from reduced PTA production in the

-020-1 FAX. 66-38 480-080 4. Details of property Acquired/Disposition Transaction Value : Loan 100 Million Baht Interest expense of the transaction in 2018 : 4,900,000.- Baht The interest rate : 4.9

to an increase in cash of Bt122 million, an increase of Bt54 million for the value of property, plant and equipment acquired for the additional investment in new factory (Phase 3) and the KCEA’s

had accounted for the fair value adjustment of the acquired business according to the accounting standards under WHA level. However, the genuine gross margin in the first quarter of 2018 was at 49.2

THB 0.8 Mn. This was mostly due to the loss from recently acquired Thai food business “Tummour” and premium Japanese food brand “Sushi Cyu”. Net Profit The net profit decreased from THB 89.6 Mn in 2016

acquired in 2016 and 2017. In 2018, the revenues from renewable energy are starting to contribute a significant portion of the profits. Padaeng Industry Public Company Limited and its subsidiaries (“the

, 36 MW solar farms in Thailand have been acquired in 2016 and 2017. The revenues from renewable energy are starting to contribute a significant portion of the profits since 2018 onwards. Subsequently