6661 Fax: +662 661 6664 1 2019 IVL Performance Summary IVL registered volume growth of 18% in 2019 driven mainly by inorganic expansion. Industry-wide spreads declined to historical lows in 2019, leading
appreciation of foreign currencies against Baht currency which impacted to the revenue from Hotel Business. However, the Company had revenue from new investments in new businesses such as Elite Havens in late
appreciation of foreign currencies against Baht currency which impacted to the revenue from Hotel Business. However, the Company had revenue from new investments in new businesses such as Elite Havens in late
appreciation of foreign currencies against Baht currency which impacted to the revenue from Hotel Business. However, the Company had revenue from new investments in new businesses such as Elite Havens in late
financial institutions decreased in amount of THB 631.37 million. All short- term and long-term loans of the group are in THB currency only, thus; The Company has no exposure in foreign currency borrowings
and long-term loans of the group are in THB currency only, thus; The Company has no exposure in foreign currency borrowings. GFPT Public Company Limited Management Discussion and Analysis for the Year
) from crude and product oil price hedging contract 11 233 86 681% -63% 174 320 84% Gain (loss) from foreign currency forward contracts 13 (19) (259) N/A N/A 71 -242 -440% Gain (loss) on foreign exchange
increased from business expansion. For the 9M/2018, the net profit improved by Baht 420 million or 17% from 9M/2017. The gain was primarily due to start-up of IRPC-CP Phase 2 and ISP1 in Q4/2017 and the
of subsidiaries. 3. Finance costs increased by Baht 49.85 million or 202.15 % due to the Investments in subsidiaries ,and the building expansion of the subsidiaries. Sincerely yours, (Mr.Pongpat
million or 213.17 % due to the Investments in subsidiaries “TPP Healthcare International Co., Ltd” and the building expansion of the subsidiaries. Sincerely yours, (Mr.Pongpat Patanavanich) Managing