Quarter 2020 MD&A 8 IVL Strategic Priorities Going Forward IVL remains focused on its financial objective for 2023 - to achieve double-digit ROCE in each of its core businesses; top decile total shareholder
Working capital and inventory management IVL Strategic Priorities Going Forward IVL remains focused on its financial objective for 2023 - to achieve double-digit ROCE in each of its core businesses; top
in Asia. Going forward, structural changes taking place in Asia should benefit the industry as a whole. Lack of new announcements in capacity expansions and continued growth in demand is a positive
. SIGNIFICANT EVENTS As of 14 March 2018, Electricity Generating Public Company Limited (“EGCO”) has completed the sale of its 311.44 million shares or 18.72% in East Water to Manila Water (Thailand) Co., Ltd at
participating profit from investment in associated companies and the joint venture in 2018, compared to the same period last year, comes mainly from the increase in electricity generating to the EGAT’s system of
%) Raw Water 101.02 65.16 (35.85) (35.49%) Electricity 208.67 191.91 (16.76) (8.03%) Depreciation 147.91 145.85 (2.06) (1.39%) Maintenance 21.61 24.98 3.37 15.58% Others 103.79 64.49 (39.30) (37.86%) Gross
, transportation fee and electricity bill) Remark: *depends on the usage Pricing Criteria: The Short-term property rental fee is not below the fair market value assessed by the independent appraisers, which have
to the electricity outage in July last year, and higher ECH volume from greater demand of China, Taiwan and two Indian key accounts. Analysis of Cost and Expenses 1. In Q3 2017, Cost of sales was 3,931
from selling of electricity increase 0.93 million baht or 1.35%. 1.2) Revenue from Sales increase 1. 36 million baht or 12. 31% due to increasing in revenue from sale of ceiling fan and LED light from
higher average ethanol selling price, despite lower ethanol sales volume. Revenue from electricity business decreased 16.6% due to power plants’ major shutdown maintenance during the third quarter and