when compared to 4Q17. Core EBITDA per ton QoQ declined by 25% and core EBITDA on a QoQ basis declined by 22% as a result of the following reasons: o 4Q18 was impacted due to IVL-specific factors that

information provided in this MD&A may vary if any factors or situation are changed in the future; the investors are, therefore, required to have their own discretion regarding the usage of this information for

recorded a Net Profit attributed to owners of the company of THB 1,316 million, an increase of THB 142 million (+12% YoY) and an increase of THB 323 million (+33% QoQ) mainly due to the following reasons: 1

11.68%. The main reasons were as follows: 1. Service income decreased 10,794,988 baht compared to the same period of the last year mainly from the decrease of income from Call Center business in the

Gain from change in a joint venture proportion 9.87 9.87 0.00 0.00 Other income 9.60 (1.28) 11.40 (1.11) Total income 799.34 5.83 806.22 (13.57) The Company wish to explain the main reasons change of

baht or 1,290.99%, due to the following reasons as follows; 1. Total income of the Company increases 92.47 million baht or 61.98% compare with the same period of prior year mainly due to: 1.1) Revenue

113.36 million Baht in 2017, representing an increase of 215.96 percent. The reasons for the separate financial statements of The company had an increase in the revenue from sales, cost of sales and

baht, up by 2.48 million baht or 1.88% on a year-on-year basis on the back of the following reasons: (1) The revenue from equipment rental and service business increased thanks to foreign crew clients

million. Profit for the period increased by 14.3% over the previous year from THB 35.0 million to THB 40.0 million due to the abovementioned reasons. Performance for 6 months ended June 30, 2019 Total

increased 4,614,126 baht or 98.64% more than 20%. The main reasons were as follows: 1. Service income decreased 1,528,845 baht compared to the same period of the last year mainly from the decrease of income