improvement in IVL's ESG rating. With strong foundation and ongoing commitment, IVL is poised for ongoing growth going forward. 1Q 2019 Performance Highlights  Production of 3 million tons (+28% YoY; +5% QoQ

from our first hydro power projects – XXHP – achieved COD in August 1, 2017 with an installed capacity of 20 megawatts. ABBREVIATION & OUR PROJECTS FINANCIAL PERFORMANCE FINANCIAL POSITION PROGRESS OF

future. The new preventive measures will also come with traceability, enhancing the ability to trace back the route of the product. At the current stage, the Company is working on process improvement

and services segment showed improvement during the last quarter of the year as a result of the government’s economic stimulus. Private investment contracted in all investment categories from the

in Amata City Industrial Estate with 133 MW installed capacity, has 97.7% construction progress and target to commence COD on October 1, 2018 and expect to record revenue in Q4’2018. Solar WVO

GLOW within 2019. Progress Report on the last round of GLOW’s Delisting Tender Offer On 30 April 2019, Mrs. Wanida Boonpiraks, Executive Vice President, Corporate Finance and Accounting, received CFO of

Discussion and Analysis EXECUTIVE SUMMARY SIGNIFICANT EVENTS ABBREVIATION & OUR PROJECTSFINANCIAL PERFORMANCE FINANCIAL POSITION PROGRESS OF PROJECTS UNDER CONSTRUCTION EXECUTIVE SUMMARY 1 Issuance of

subsidiary recorded gross profit of 4,418 MTHB, improved by 2.8% from the year 2018 due to lower prices of raw materials this year and improvement of production reliability. However, such improvement was

million or increase 396.0%, due to production efficiency improvement and gain from sale on flexible packaging 3. Selling expenses In Q1/2018, the selling expenses was Baht 2.63 million compare with the same

project or research, for example, the characteristics, product launch/ improvement, progress and potential impacts on the Company's operation and financial condition. Certification of Information The annual