, buoyed by strong recoveries in tourism and exports. This growth momentum is expected to carry on into 2018, especially amid a brighter outlook in public and private investment. Nonetheless, the business

: +662 661 6664 1 3Q19 IVL Performance Summary IVL reported 3.3 mmt of production volume (5% organic and 18% inorganic growth yoy). Organic growth reinforces the demand growth in our business. Inorganic

global trade volume affected by trade tensions and the impact of structural changes in the Thai economy on export sector. Public expenditure and private investment would expand slower than the previous

promissory note Baht 18,700,000.00 Duration Within 1 year upon drawdown Interest rate 6.37% per annum Payment term Payable on demand for principal and interest Objectives To be used for working capital (4

from slow investment from private sector and export sector. Additionally, Thailand’s tourism has shown slow pace from a drop in international tourist arrival, especially Chinese tourists (Source: The

decreased by THB 87.73 million or 65.70% from the fiscal year 2014 because of reduced in demand for palm oil. 3. Revenues of ports and terminal services and ice cube factory Revenues from Ports and Terminal

THB 32.97/ Kilogram. The revenue from Edible Oil in the 2nd quarter of 2015 has decreased from the 2nd quarter of 2014 for THB 88.95 million or 36.86%. This is because of decreased in demand of the

, comparing to the financial solution. We continue to see strong domestic demand in Thailand, customers are seeking good HR technology and catching up on the wave of HR digitalization. Increasing, more

) 2 amount of 80.11 million baht, increased by 69.84% when compares to Q1/2018 Disc plough’s sales. An increased in demand of disc plough this quarter basically came from the fact that our main customer

over the next few months as we progress into more advanced stages of our projects. We continue to see good pipeline in domestic demand in Thailand for both HR and ERP projects. Other Income Other income