February 2019 October 1) EGM no. 1/2018, on 11 October 2018 approved the investment in assets of KPNL through EBT and the allocation of newly issued ordinary shares of the Company to KPNL 2) Appointed Mr

 Administrative Expenses increased from Baht 28.8 million in 3Q2017 to Baht 37.5 million in 3Q2018 as an increase in number of managements and staffs according to business plan. However, the administrative expenses

did not fully mirror the slowdown in revenue as there is a lead time for certain expenses that the Company must plan in advance such as advertising expenses spent on various media. Furthermore, the

1,681.9 million baht, which is more than 775.3 million baht compared on the same period from last year, or 85.5%, according to the plan in which the group has expanded the proportion of housing projects Due

million baht compared on the same period from last year, or 311.6%, according to the plan in which The Group has expanded the proportion of housing projects. Due to the expansion of the sky train network to

and hospitality business. Page 7 of 7 Management Discussion and Analysis 2018 Financial Position and Capital Structure As at 31 December 2018, the total assets were 58,930 million Baht, increased by 44

digital strategy plan. As of February 28, 2022, the Company had total cards as below; For overseas business in Cambodia, Myanmar and Laos, there are active customers more than 128,002 with representing 5

because the Company can control effective operating and administrative expenses well in accordance to the Digitalization plan, which reducing some operating and administrative expenses. The operating and

attributable to lower industrial water’s sales volume mainly due to lower demand according to drought mitigation plan by the government despite new contribution from Demineralized Water. Gross Profit and Gross

advantaged shale gas components of ethane, butane and methanol. With the acquisition of Spindletop’s (IVOX) MTBE assets in the US, IVL has a unique position in North America. Between the selling of MTBE and