optimize the cost to serve customers while ensuring an effective spending on marketing campaigns. As a result, we expect EBITDA margin (excluding equipment rental) to stay in a range of 45-47%. All
agreements (TFRS 16) which are effective in 2020. In addition, as a result of the pandemic of the Coronavirus Disease 2019 (COVID-19), the company has closely monitored and followed up the operational plans of
distributor which is effective on 30 June 2019. During the period, the Company was unable to make any sales through traditional trade channel or assign a new distributor while the contract was still applicable
revenues was mainly from short-term investment which the Company has invested since January 2017. Cost of Sales and Gross Profit Unit : THB mm Unless otherwise stated For the three-month period ended 30
terminated the contract with the distributor which is effective on 3 0 June 2 0 1 9 . During the period, the Company was unable to make any sales through traditional trade channel or assign a new distributor
. However, the Company still maintained effective operating cost control with cost to income ratio at 38% of total revenues. Considering the Company’s separate financial statement, the operating and
its global footprint in key markets with high growth potential. This strategic position allows IVL to deliver products to key customers in Brazil and elsewhere in South America in a cost-effective and
formed joint venture: • The parties will provide resources to CC Polymers to complete the project in the most efficient and cost effective way. • Each of Alpek, IVHLP, and Far Eastern will have the right
effective sales and marketing strategies continued from year 2017 including the launching of new products which were got positive feedback from the customers. Besides, the product segment management and the
marketing management (The Agreement of Advisory for Sales and Marketing Management starting from 1 March 2017 to 29 February 2020), due to more scope of work. It will be effective on 1 June 2019 to the expiry