approval from the SEC before proceeding in order for the SEC’s efficient monitoring of digital asset business operations; (4) Improvement of Service Standards: Prohibiting digital asset business
strategy into renewable Energy by acquiring 30MW of solar farms in Thailand in September 2017. Currently, the company operates already 38.6MW of solar power plants of in total. The second solar power plant
associates companies Share of profits from investments in associated companies, the Co-Generation Combined Power Plants. In the first quarter of 2019, the company recognized profit from investment in the
result of subsidiaries recording additional assets from the sale of biomass power plants on April 24, 2018. Please be informed accordingly. Your Sincerely, (Mr. Weerapon Chaiteerath) Managing Director
& waste water treatment plants. 3. Cost of sale and installation of the pipeline for the quarter 3/2018 was 92.23% of income compared to 84.33% in the quarter 3/2017. The major reason was the lower average
utilization at around 90% with conversion costs matching the first quartile plants. Accordingly IVL management believes the acquisition of balance 26% stake now will help integrate the PTIP assets with other
plants. 3.Other income increased from the quarter 3/2018 by Baht 21.71 million or 518.14%, the major increase came from export Baht 23.35 million export delivery charge. 4 . Cost of sales and installation
companies from Co-Generation Combined Power Plants for Q1/2020, the company recognized loses from investment in the associated companies in the amount of Baht 33.08 million comparing with profit Baht 73.73
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
activities has been arranged with sales plan improvement and promotion efficiency spending. 3. Selling and administrative expenses Selling and administrative expenses for Y2019 was Baht 465.90 million which