Million Baht (56%) from Q2/2016. The main causes for the lower net profit are economic in Thailand have not yet recover and intense competition. Discussion and Analysis of the Company and its subsidiaries
earnings (EBITDA). Shareholders, including the majority shareholders, expressed their faith in the performance and future prospects of the Company and subscribed, in large numbers, to the warrants (IVL-W1
remaining two segments, Integrated Oxides & Derivatives and Specialty Chemicals are expected to resume their earnings from unplanned shutdowns, except IPA which we believe will recover over the next 12-18
spectrum licenses were made in 1Q21. Other 10,306 2.9% 6,708 1.8% Total Liabilities 274,481 78% 292,076 80% Retained earnings 51,382 15% 47,084 13% Credit Rating Others 24,307 6.9% 24,573 6.8% Fitch National
expenses increased slightly by only 0.15% from Baht 389.26 million in Q1 2020 to Baht 389.86 million in Q1 2021. Core operating profit (defined as Earnings before Interests and Taxes exclude interest income
GP = Gross Profit, EBITDA = Earnings before Interest, Tax, Depreciation & Amortization, EBIT = Earnings before Interest & Tax, NP = Net Profit after Tax, EPS = Net Earnings per Share Gross Profit (GP
and more service content to every unit of product sold was realised. This is encouraging for future performance as volumes recover and start to grow again. Even under these trying conditions, Golden
sector continued to recover as the number of foreign tourists increased due to the relaxing of travel restrictions, especially international travel, and the relaxing the practice of wearing masks across
spectrum. Total equity was Bt75,689mn increasing 9.1%YoY from higher retained earnings offset by TFRS9 adoption. Cash flow (Post TFRS 9&16) For 2020, operating cash flow after tax (OCF) was Bt85,629mn