jointly-controlled entity, which decreased by Baht 15.23 million or 43.74%. The Company wish to explain the main reasons change of Expenses as follows. Expenses: (Unit: Million Baht) Consolidated Separate

recorded 22.25 million baht as losses from investment in an associated company and a jointly-controlled entity, which decreased by 12.18 million baht or 35.38%. Expenses: (Unit: Million Baht) Consolidated

Ventures PCL (IVL) Seller: PT. Indo-Rama Synthetics Tbk. (PTIRS) The majority shareholding of PTIRS is ultimately controlled and held for the benefit of Mr. Sri Prakash Lohia and his immediate family. Mr. SP

13,657 % Change 34.15 43.11 22.22 2.49 71.58 controlled the volatility of raw material prices. In addition, the production and sales in this quarter decreased the cost per unit. • Sales Expenses Q3/2018

Tbk. (“PTIRS”) The majority shareholding of PTIRS is ultimately controlled and held for the benefit of Mr. Sri Prakash Lohia and his immediate family. Mr. Sri Prakash Lohia is the President Commissioner

) (6.13) - (18.63) (18.63) Finance costs (30.84) (17.11) (62.68) (33.34) SHARE OF LOSS OF INVESTMENTS IN JOINTLY CONTROLLED ENTITIES ON EQUITY METHOD (0.11) (1.47) (0.12) (2.04) PROFIT (LOSS) BEFORE TAX

under Section 307 and Section 311, in conjunction with Section 315 of the Securities and Exchange Act, as the case may be.  In addition, the persons under (6) and (7) jointly controlled and/or used

waiting for amortization 1.24 (0.03) Total 4.08 0.52 Analysis of financial status (Unit: Million Baht) Assets 31 March 2018 % 31 December 2017 % Trade and other receivables 114.65 9% 92.70 7% Inventories

) Assets June 30, 2017 % December 31, 2016 % Trade and other receivables 58.47 4% 60.87 5% Inventories 72.89 6% 67.80 6% Investment in associated company 479.08 38% 474.65 37% Property, plant and equipment

of 26 million bath comparing to Q2/2016. These were results of declining in modern trade market of 16 million baht and traditional trade of 13 million baht. While HORECA (Hotel, restaurant, catering