the PPA life and increased 88.9% y-on-y in Q4’2019 to Baht 136 million due to increase of interest income. Share of Profit (Loss) of Associates and Joint Ventures • Share of profit from associates
million in Q1’2018 to Baht 48 million in Q1’2019) and decreased 33.3% q-on-q (Baht 72 million in Q4’2018 to Baht 48 million in Q1’2019), primarily attributable to an interest income. Share of Profit (Loss
, primarily attributable to an interest income. Share of Profit (Loss) of Associates and Joint Ventures • Share of profit from associates decreased 62.3% y-on-y in Q2’2019 to Baht 20 million and 51.0% y-on-y in
2018 MD&A 5 o Avgol enhances IVL's HVA portfolio and market share in the hygiene segment and as the leading producer in Russia and India. o Kordarna (completed 30 Oct, 2018) - propels IVL to a leading
asset base in the Americas 21-Mar-18 (Signed: 21-May-18) 2020E (start-up) Avgol Enhances IVL’s HVA portfolio and market share in the personal hygiene segment Accelerates IVL’s global expansion and
convertible debentures and share warrants; (4) “director” means a director of an issuing company or its subsidiary; 2 (5)1 “employee” means a person who agrees to work for an issuing company or its subsidiary
from the expectations of future results, performance or achievements expressed or implied by such forward-looking statements. Factors that could contribute to such differences include, but are not
be materially different from the future results, performance or achievements expressed or implied by such forward-looking statements. These forward-looking statements are based on numerous assumptions
, performance or achievements expressed or implied by such forward-looking statements. These forward-looking statements are based on numerous assumptions regarding the Company’s present and future business