services income from providing online advertising for products and ser- vices of THB 0.18 million, increased by THB 0.09 million or +95.44% YoY as clients in property development sector increased their media
+245.53% YoY as clients in property development sector increased their media spending. In addition, gross loss was THB 0.45 million as high proportion of the costs was employee-related costs which were
financial statements Baht 470.09 million Baht (22.01) million 3. Management Discussion and Analysis 3.1 Sales and service income from property development in 2018 has increased by Baht 254.98 million or 44.46
expenses. But if considering only research and development expenses, those expenses increased 12.1% from the same period last year caused by some additional headcounts of R&D personnel in Germany and India
project development cost also increased THB 357.0mn and an increase in short-term loans to jointly controlled entity of THB 260.1mn for deposit of land for new projects launched in 2019. (details in topic
operating the NPL management business that has invested in NPLs in the past 9 months. Moreover, the cost of real estate development in subsidiaries increased in condominium projects that are being developed
development expense. The staff cost has been increased 78.97% compared to the same period of prior year. 7. The Group has disposed investment in associate (Well Korat Energy Co., Ltd.) on 30 June 2016 and has
of major changing of total asset in 2017 are as following 1. Inventory increased to 2,006 million Baht or increased 74.6%. 2. Property Development Costs increase 147 million Baht from the development
deposits due to an increase in deposit volume. As a result, contributions to the Deposit Protection Agency and Financial Institutions Development Fund also increased. The net interest margin decreased by
increased emphasis on leadership development are the key strategic priorities for the group. 4Q19 IVL Performance Summary IVL reported 2.9 MT of production volume in 4Q19 (-8ppt. organic and +10ppt. inorganic