in Thailand’s financial system support the Company’s business to grow in the future. Overall economy growth is expected to grow at around 4.2% per annual. This macroeconomic factor fuels the debtor to

0.67% of revenue from operation, respectively. Such expenses increased by THB 0.23 million or 176.92% from the same period of previous year as the Group Company had incurred related expenses to support

disturbed by sharp decline in Chinese tourists, turned off by series of unfortunate events. The Chinese tourists are one of a key customer of the company. Consequently, domestic sales experienced a 1 6.69

recorded total sales revenue of THB 733.57 million and THB 384.43 million respectively. This equals to a sharp decline of 47.59% year on year. Domestic sales revenue dropped 46.25% from the same period of

sector, with manufacturing and industrial sectors suffering a sharp contraction. In order to mitigate the economic impact, the Government and other institutions have introduced relief measures to help

IVL as a whole in 2019. o Sharp decline in crude prices (high of $ 83/bbl in 3Q18 versus low of 54/bbl in 4Q18) as we entered in to the weak season led to accelerated destocking in the integrated PET

discount campaign for the Hi-Premium diesel. The latter was to support the government sector’s promotion of environmentally-friendly fuel to dissipate the pollution situation, and at the same time, support

for the year 2018 represented 8.1% of revenue from sales, increased from last year Baht 6.27 million or 5.3%. The change was increasing in staff costs due to hire more staff to support business

of the previous year due to the Company needed funds to support project, therefore, increased external borrowing and overdraft with a relatively high interest rate. - At the end of the year of 2019

technologies that is rapidly changing. The Company has received good financial support from various financial institutions and able to pay interest and repay principal on time. In addition, the Company will try