plans and distribution of digital tokens, examine and ensure source code that matches the disclosed information, and identify investors’ identity, status and risk-taking ability.Once ICO portals are

around US$2.2B in Mar21 and operating cash flow of US$201M in 1Q21, IVL is well positioned. During the quarter, net debt reduced by US$148M with improved performance. Our net operating debt to equity has

plots of land owned by the Company consisting of land in 4 title deeds totaling an area of 6-0 -66 .4 rais situated on Rama III Road, Alley 47, Bangpongpang Sub-district, Yannawa District, Bangkok (“the

, detergents, etc. Therefore, VAVA will not compete with the Company and VAVA will stop production and distribution of flexible packaging products within 3 months from the date that VAVA will purchase newly

and installation of the pipeline 239.05 248.60 (3.84) Income from water production and distribution 31.25 24.31 28.55 Income from installation and distribution of water production systems 3.40 25.03

district, Bangsue area, Bangkok. The purpose is to be exhibition and public relations center; to educate on Vanachai Group product knowledge, to be the Vanachai Group distribution center, and to be the

) (70.9 %) 2.7 % Gross Margin 364.5 28.0 % 374.4 29.1 % (2.6 %) Distribution Costs (197.2) (15.1 %) (148.8) (11.6 %) 32.5 % Administrative Expenses (63.2) (4.9 %) (57.9) (4.5 %) 9.0 % Profit before Income

40 11 28% 30 50 -20 -40% Distribution costs -90 -70 -20 29% -62 -59 -3 5% Administrative expenses -108 -181 73 -40% -75 -150 75 -50% Finance cost - Interest expenses -11 -11 - - -8 -7 -1 14% Corporate

) (73.0 %) (1,030.4) (70.8 %) (10.1 %) Gross Margin 341.7 27.0 % 424.0 29.2 % (19.4 %) Distribution Costs (196.1) (15.5 %) (182.5) (12.5 %) 7.4 % Administrative Expenses (72.5) (5.7 %) (91.6) (6.3 %) (20.9

products increased 16.2%.  Revenues from rendering of services decreased 63.91% due to less margins from publishing, distribution and other service from foreign publications. Thus, the company will no