both financial and non-financial services, as we continue to gear up for being “The Bank of AEC+3” along with being a Regional Digital Bank. We have established our business direction primarily by

6661 Fax: +662 661 6664 1 2019 IVL Performance Summary IVL registered volume growth of 18% in 2019 driven mainly by inorganic expansion. Industry-wide spreads declined to historical lows in 2019, leading

figure stood at THB 573 mn, an increase of 7.4% YoY). The increase was driven mainly by strong performance of Hilton Pattaya, which boasted an increase in average occupancy rate to 92% from 89% in the

Other Revenue. 4 Other Incomes mainly consists of Interest Income from Loans to GHECO-One and Dividends Received from Investments in Glow IPP. 5 Normalized Profit attributable to Owners of the Parent

million, a slightly increase of 0.51% over same period of year 2018 even the hospital revenues from general clients showed a 11.55% growth. This was mainly due to a 13.28% decrease of the revenues from

the same period of year 2016 for Baht 32.27 Million (Directors and Executive Officers’ Remunerations of year 2016 were Baht 42.46 Million), representing 76.00% where it was mainly coming from the

Excessive Charge, Service Fees for Wastewater Management 3 Gross Profit from Operation excludes Other Revenue from Utilities Business. 4 Other Incomes mainly consists of Interest Income from Loans to GHECO

consolidated financial statements of the Company increased by Baht 14.17 million or 0.55% compared with last year. An increase mainly due to higher net accounts receivable of Baht 45.52 million since the Company

Dollars. The Company reported total expenses of Baht 398.4 million, decreased by 16.5% compared with QoQ, mainly due to operating expense management and lower shutdown expense. As a result, the Company

participating profit from investment in associated companies and a joint venture in Q1/2018, compared with those in the same period last year, comes mainly from the increase in the amount of water and electricity