last year and able to maintain its No. 1 position in the online top up machine business, both in terms of number of kiosks and total usage amount. The Company's strategy continues to focus on the

by 3.1 MB and decrease in other current assets by 1.7 MB. Non-current assets, PPE increased 2.8 MB, Right-of-use asset increased by 9.7 MB, intangible asset decreased by 0.2 MB, deferred income tax

DuraFiber will align with IVL’s strategy of pursuing accretive growth opportunities in the high value-added segment and complement with the current HVA tire cord fabric products and will open up the

future. The new preventive measures will also come with traceability, enhancing the ability to trace back the route of the product. At the current stage, the Company is working on process improvement

by Baht 94 million or 5.9% from last year, which was 1,591 million. Mainly it was from spending control efficiently due to the success of Brand investment strategy, Moreover, there was a joint

1 | MANAGEMENT DISCUSSION AND ANALYSIS FOR Q1-2020 Management Discussion and Analysis Q1-2020 14 May 2020 KEY EVENT IN Q1-2020 After UWC announced a corporate and business strategy restructuring in

FINANCIAL POSITION (THB mn) ASSETS ASSETS BREAKDOWN 31 DECEMBER 2017 31 MARCH 2018 (THB mn) % out of total assets (THB mn) % out of total assets Cash & cash equivalents and Current investments 203 10.1% 268

is accepted by both domestic and international markets as a standard manufacturer of instant products. The investment rationale aligns with the company’s long-term business strategy to diversify its

number of kiosks, which the total of 129,208 kiosks covering all area nationwide. The Company's strategy continues to emphasize on efficient location and allocation strategies by relocating the kiosks from

with InsurTech platform. For the operation of debt management last year, the Company acquire distress debt amount 21,003 million Baht in term of outstanding balance of bad debt. The Company’s strategy is