from interest of trust receipts from the purchase of raw materials. The Company therefore earned net profit in Q3/2019 and year 2018 amounting THB 2.4 MB and THB 1 1 .9 MB respectively. Net profit of the

. The key success factors of this business depend on the inventory management, the logistic systems that meet the clients’ needs in time, cost of capital, receivables management and sales revenue. Due to

Public Company Limited Fragrance & Color category decreased by THB 23.54 million due to the delay of purchase orders from customers. For nine-month period ended 30 September 2019, the revenues of the group

Average Collection Period (Day) 49 49 56 Inventory Turnover Ratio (Times) 17.83 15.89 13.21 Average Days Sales of Inventory (Day) 20 23 28 Account Payable Turnover (Times) 6.09 6.25 5.54 Average Payment

inventory of Baht 5.59 million and increase in other current assets and other non-current assets of Baht 1.80 million but there were decrease in cash advance payment for purchase of assets of Baht 24.38

tally with consolidated financials due to holding segment. 3Core EBITDA is Reported EBITDA less Inventory gains/(losses). 4Core Net Profit is Reported Net Profit less Inventory gains/(losses) and one-time

increased by THB 29.02 million or by 8.97% from 2018. The mainly increase due to the increase in sales from domestic and overseas, especially in product group with high gross margin and good inventory

increase due to the increase in sales from domestic and overseas, especially in product group with high gross margin and good inventory management. Statement of Financial Position Assets As at December 31

reflects the release of built-up inventory in China during the quarter. Final demand in both segments is resilient. IVL reported a higher OCF of US$265M in 4Q19 driven by lower working capital requirements

may not always tally with consolidated financials due to holding segment. 3Core EBITDA is Reported EBITDA less Inventory gains/(losses). 4Core Net Profit is Reported Net Profit less Inventory gains