value adjustment of investment due to reclassification in the amount of Baht 2,030 Million, net of corporate income tax. 4. On September 21, 2018, the Supreme Administrative Court rendered the judgement

28.6%, which increased from the GPM of 20.4% in 1Q/18 due to the transfer revenue was mainly from new project recently developed by the Company therefore, the margin is in line with the industry standard

7,883 13.5% SG&A 1,446 1,337 8.3% 5,688 4,947 15.0% Selling and distribution expenses 1,002 903 11.0% 3,902 3,498 11.6% Administrative expenses 444 434 2.5% 1,786 1,449 23.3% EBIT 1,004 1,073 -6.5% 3,999

rates, and thereby reliably serve our customers, due to our supply chain resilience. Advantaged Portfolio IVL’s 16 integrated business verticals have strong linkages and provide support to one another. We

and Administrative expense in its initial phase, resulting in the soften operation performance compared to last year. Power Plant Business Group, performance improved due to the commencement of the

, primarily due to business combination consolidated TBSP Public Company Limited (“TBSP”) since April 4, 2018. Excluding TBSP, Company’s core revenues increased by 4.3% or THB 14 mil from q-q. For 6M19, Company

to Q1/2018 decreased by THB 180 million (-13% QoQ) mainly due to the following reasons: 1. Total revenue from sale of goods and rendering of services was THB 45,558 million, increased by 6% YoY and 3

of operations of the Group The Group has principally engage in distribution of product and equipment, design, assembly and installation, and maintenance service of pure water treatment system

was only one customer in the first half of last year. In addition, the group has more time slot to sales due to the subsidiary related to the business operation of producing and broadcasting business

affected by the year round global oil price fluctuation, especially in the last quarter which oil price plunged drastically. Moreover, the refinery recorded lower crude run due to its 45 days turnaround