higher lime demand in Q4 2017 and will continue into Q1 2018. The steel industry has closed its third year of continuous recovery in 2017, with total output up over 10%. Further volume increase is

million or 3% year-on-year from continuous efforts of the Group to control and reduce costs in all business groups, although the decrease in costs did not match with the decrease in revenues. The Group

and Clause 5 or Clause 6, as the case may be; (d) having a plan to report the results of the experiment and progress of service provision to the SEC Office on a continuous basis; (e) having a clear exit

, as the case may be; 2 (d) having a plan to report the results of the experiment and progress of service provision to the SEC Office on a continuous basis; (e) having a clear exit strategy in case of

December 31, 2017. In addition, the Company and its subsidiary also had a continuous growth in the Company’s performance and the sufficiant liquidity for long-term loan repayment. Therefore, the proportion

, advertising and public relation to promote its contents. Such promotion strategy resulted in continuous growth in revenue form program right of the Company. Baht Million 2017 2018 +/(-) +/(-) % Expense from

hospitals and medical equipment that will support continuous growth momentum in demand for medical devices in Thailand. 4 Due to growth medical device business, the Company plans to develop new products as

businesses will create opportunities to expand the customer base both of the existing and the new market. These will result in having continuous income growth in the future.

businesses will be the core platform for continuous growth in selective upstream & downstream integration over the next 5-10 years. On a proforma basis, this acquisition will add 25% to IVL’s 2018 core EBITDA

the higher production scale and continuous improvement of the production process during the year. The higher margin was also by the lower sales to wholesale channel with lower margins. For the year