reason for t es, higher s are explain rter in 2017 For 9-mont on baht whic in revenue rsifies its bu ean and Bro ter of 2017 e months perio 0 Septembe of Meeting N cial statem ready been ss of 6.2 mi 03
the reduction adjustment of income of last year 3rd quarter due to project cancellation resulting in higher construction cost than income gained. Service Cost The service cost in this quarter was Baht
71.29 million or 10.99% when comparing to the same period of last year. However, sale of real estate business derived in the third quarter was higher than the past two quarters and was more than the third
. management renew the management service contracts with appropriate profit margin only 2. solar energy which is a new business has higher gross profit margin than 2 existing businesses. Consequently, overall
days to less than 10 days more recently. Lower inventory levels of PTA, higher demand growth and lesser capacity addition cre- ate a positive outlook for the Asian PTA industry. IVL has seen the
financial system still support the Company’s business to grow in the future. Data from Bank of Thailand showed that Gross NPL at the end of 2017 was 429 Billion Baht higher than 43.4 Billion Baht from last
for increase of gross margin was due to project cancellation resulting in higher construction cost than income gained. In addition, there were 3 projects having construction cost higher than their