as of 31 March 2018, an increase of Baht 3 million or 0.70% from last year-end as a result of higher goods in transit. Liabilities : As of 31 March 2018, GC recorded total liabilities of Baht 853

consisted of; 1. Trade and other receivable decreased Baht 73.35 million. 2. Inventories decreased Baht 950.10 million, mostly from goods in transit as of December 31, 2018 which was imported according to

decreased Baht 78.77 million. 2. Inventories decreased Baht 822.68 million, derived mostly from decrease in goods in transit at December 31, 2018 which was imported according to purchase orders and already

driven by the continued growth in construction industry and further renovation/expansion of retail stores and new Shopping complexes despite revenue recognition delays from some turnkey projects to next

” ) was THB 441.68 million, increased 12% yoy. This quarter growth was entirely driven by non-social security (“non-SW”) revenue which posted 29% hike whereas social security ( “ SW” ) revenue posted 10

6661 Fax: +662 661 6664 1 2019 IVL Performance Summary IVL registered volume growth of 18% in 2019 driven mainly by inorganic expansion. Industry-wide spreads declined to historical lows in 2019, leading

”) increased 16% yoy. This increase was partly driven by the outstanding 23% income growth in the 3rd quarter of 2017 (“3Q17”). Not only high season of healthcare business, the increase of social security

increase of THB 8.56 million or 11.37% from the same period of last year. The Growth in revenues and net income year 2017 resulted from 1. An increase in OPD and IPD revenues which resulted from an increase

in year 2017 (“2017”) increased 16% yoy. This increase was driven by both non-social security and social security part. Accelerated revenue growth from social security came from higher number of

leads to product development and finally expanding company business, increasing sales growth and profit return in the future Please be informed accordingly. Yours Sincerely, (Mr. Suchat Mongkhonaripong