enhance overall production, vertical integration and quality of earnings. IVL balance sheet and cash flow generation are strong, allowing us to invest significantly in our growth engines, through selective
is approximately 120,000 megawatts, which are significantly from natural gas and coal-fired power. Demand growth is estimated to increase 1.3 percent annually. South Korea electricity market is cost
- 5G technology is expected to significantly enhance the capability of Thailand’s mobile network, providing more and quicker connections across the economy. Enhanced connectivity will unlock potential in
Q2/2017 increased significantly when compared to Q1/2017. This is due to IRPC-CP’s main customer resumed its normal operation after temporarily ceased from the scheduled maintenance during Q1/2017 for
time last year. Industrial sales volume increased by 23 million liters (+4%) due to the same period of the previous year where Thailand experienced a severe drought which significantly reduced fuel
/2017 decreased significantly when compared to Q2/2017. This is due to IRPC-CP Phase 1 ceased the operation for commissioning test with IRPC-CP Phase 2 in Q3/2017. The gross profit for 9 months in 2017
commercialize and also the IRPC- CP Phase 1 ceased the operation for commissioning test with IRPC-CP Phase 2 in Q3/2017. As a result, gross profit in Q4/2017 has increased significantly compared to Q3/2017. The
% utilization rate, within this quarter most finished product and reference crude price crack spreads decreased significantly compared to the same period of the previous year, especially for the gasoline (UNL/DB
addition, the increase was also from higher electricity revenue from IRPC-CP plant, which is the result of higher natural gas prices. The operating revenue of Q3/2018 significantly increased by Baht 2,418
year, provided that there is no other necessity to utilize such amount and the dividend payment meanwhile must not significantly affect the Company’s normal operations. 7.2.)The subscriber of the newly