Table 6 IVL Consolidated Statement of Income ($ Million) 13 Table 7 Calculation of Core EBITDA ($ Million) 14 Table 8 Calculation of Core net profit ($ Million) 14 Table 9 IVL Consolidated Statement of

on 31 December 2019 to ending on 31 December 2021 must have a net profit (excluding special items) amounting not less than 100,000,000 per year. In case where S-TREK’s audited financial statements for

/ operating revenue 3 Net Profit (Annualised) / Average Total Shareholders’ equity (average of outstanding at end of the same period in the previous year and at end of this quarter) 4 Earnings before interest

was Baht 5,990 million, increased by Baht 400 million or 7.2% from end of September 2017, due to increase in retained earnings as a result of net profit for the period, netted with dividend payment

Dilution from issuance of CCET-WC 2.16 225,000,000 2.74 2.71 1.09% 4.2 Earnings Dilution Earnings Dilution = EPS0 – EPS1 EPS0 EPS0 = NI Q0 EPS1 = NI (Q0 + Qesop) NI = Net profit of the Company for 2017 as

) NI = Net profit of the Company for 2017 as shown in the consolidated financial statement as of 31 December 2017 which was Baht [900,246,879] As such, the result of calculation of earnings dilution can

Gross profit 94,309 91,490 83,320 10,989 13.2 Other income 2,454 2,858 1,453 1,001 68.9 Profit before expenses 96,763 94,348 84,773 11,990 14.1 Selling and distribution expenses 25,061 22,708 23,815 1,246

Profit (Loss) (16.93) (2.20) 14.73 669.55 Earnings per share (Baht per share) (0.0032) (0.0005) 0.0027 540.00 Net Profit (Loss) The Company and subsidiaries (Consolidated) realized net loss of 16.93

49.34 17.69% Finance cost 49.11 68.10 18.99 38.67% Income tax expenses 48.04 57.52 9.48 19.73% Net profit 181.71 202.58 20.87 11.49% Net profit ratio (ROS) 17.16% 15.74% Earnings per share (Baht) 0.34

within April 2019 subject to the following conditions. 1) The Extraordinary General Meeting of Shareholders of the Company No. 1/2019 has resolved to approve the entering into the asset acquisition