for the years ended 31 December 2018 and 2019 respectively, equivalent to a huge drop of 128.85%. Net profit margin also plummeted from 14.15% to (6.68%). The fall in net profit margin was from the

million for the six months period ended 30 June 2018 and 2019 respectively, equivalent to a huge drop of 93.82%. Net profit margin also plummeted from 22.87% to 2.60%. The fall in net profit margin was from

India grows its end uses for Polyester fibers and leverage on the country’s huge potential with 1.2 billion population. IVL’s expertise in turnaround, coupled with technical know-how will help IRSL

doubtful account Net Profit The Company posted net profit of THB 175.31 million and THB 4.53 million for the nine months period ended 30 September 2018 and 2019 respectively, equivalent to a huge drop of

Deposit Baa1 Baa1 Baa1 Short-term Deposit P-2 P-2 P-2 Senior Unsecured Debt Instrument Baa1 Baa1 Baa1 Subordinated Debt Instrument Baa3 Baa3 Baa3 Financial Strength (BCA) baa2 baa2 baa2 Outlook Stable

still intense competition together with exchange rate fluctuations causing the sales of this product of the company to decrease. However, the company expects that with the strength of sale channel and

Baa3 Outlook Stable Stable Stable Financial strength (BCA) baa2 baa2 baa2 Financial strength outlook Stable Stable Stable Standard & Poor’s Long term - Debt instruments BBB+ BBB+ BBB+ - Deposits BBB+ BBB

instruments Baa1 Baa1 Baa1 Subordinated debt instruments Baa3 Baa3 Baa3 Outlook Stable Stable Stable Financial strength (BCA) baa2 baa2 baa2 Financial strength outlook Stable Stable Stable Standard & Poor’s

from overall F&B business is not less than THB 100mn in 2018. On Financial strength and cash flow, the Company recently get approved from 2018 Annual General Meeting of Shareholders to maintain debenture

business in Singapore with Baan Ying Group. We saw a good trend in this business and are preparing infrastructure for branch expansion. On Financial strength and cash flow, the Company has paid back full