slower rate in March and reached its bottom in April (-8.1% YoY), it made a v-shape recovery with 18.0% growth in June, partly driven by additional supply of C-Vitt from capacity expansion. - While Q2’20

Policy Committee (MPC) resolved to lower the Thai policy rate to 1.50 percent from 1.75 percent – its first such move in four years – in its meeting held on August 7, 2019. Thailand Economic Growth Sources

continued to see limited support, after growing by 2.30 percent in the second quarter. The Thai economy did show some signs of strength in the third quarter, due mostly to the low base effect of the same

same quarter of last year. ⚫ Increase in cost of goods sold are mainly impact to minus in bottom line of 7.1 million baht. ⚫ Rising in selling expenses of 15% are from increasing in salesforce

restaurant and food center business improve in bottom line contribution, by lowering in losses of 52% or 16M THB, mainly are from subcontracting one of food center to third party. 3. Financial status analysis

quarter of last year. ⚫ Increase in cost of goods sold are mainly impact to minus in bottom line of 7.1 million baht. ⚫ Rising in selling expenses of 15% are from increasing in salesforce, transportation

bottom lines in a world increasingly dominated by concerns over long-term sustainability. Importantly, the PRI agenda must be domestically owned in Thailand and leadership on it has to come from within

the key drivers of sustainable growth in Thailand. Importantly, green investments are not only beneficial for the environment, but they also impact bottom lines positively in the medium to long term

to a 20% reduction in IVL’s core EBITDA. Operating cash flow through this period increased by 33% to $1.3B, as a result of lower prices and operational excellence. IVL has proposed a dividend of

2017 PERFORMANCE ANALYSIS (YoY) In 3Q 2017, the Company once again achieved an outstanding top and bottom line performance compared to the same quarter last year supported by; 1) The consolidation of