significant reduction in interest expenses. Net Profit In 1H 2024, the company's net profit amounted to THB 117.77 million, an increase of THB 32.48 million YoY (+38.08%). This increase is attributed to the

volume; a. Raw Water sales volume decreased by 8.7% YoY mainly due to the planned maintenance shut down of a petrochemical customers and the lower electricity dispatch to EGAT of Glow IPP b. Industrial

Singapore Type of Business To engage in the business of generating and selling electricity from solar energy in Thailand Registered Office 30 Raffles Place #10-04 Chevron House Singapore 048622 Company

จงัหวดัฟูเยี้ยน สาธารณรัฐสังคมนิยมเวียดนาม จ านวน 2 โครงการ ขนาดก าลงัการผลิตติดตั้ง 109.76 เมกะวตัต ์โดยมีระยะเวลาซ้ือขายไฟฟ้า 25 ปี ให้กบั Electricity of Vietnam (“EVN”) ในอตัรารับซ้ือไฟฟ้า (Feed in Tariff หรือ

สังคมนิยมเวียดนาม จาํนวน 2 โครงการ ขนาดกาํลงัการผลิตติดตั้งรวม 109.76 เมกะวตัต ์ โดยสัญญาซ้ือขายไฟฟ้ามีระยะเวลาซ้ือขายไฟฟ้า 25 ปี ใหก้บั Electricity of Vietnam (“EVN”) ในอตัรารับซ้ือไฟฟ้า (Feed in Tariff หรือ

for doubtful account from the delayed project 56.85 million baht had the detailed explanation as follows:- In November 2015, the Company was hired as a contractor to install electricity transmission

which are fixed cost still exist and not variable to the income such as animal feed, utilities, water-electricity bill. Therefore, the company has managed to reduce some unnecessary expenses during the

Baht which was lower than the same period last year 30% due to the reduction of rental and service revenues. Service and Administrative Expenses The Company had service and administrative expenses for

was due to an increase in Allowance for doubtful accounts of Baht 21.8 million resulting from liquidity problem of one major accounts receivable. In addition, there was a reversal of reduction cost of

to a 20% reduction in IVL’s core EBITDA. Operating cash flow through this period increased by 33% to $1.3B, as a result of lower prices and operational excellence. IVL has proposed a dividend of