elevate good corporate governance of private sector, Transform the role of the Stock Exchange of Thailand into a commercial oriented, Reconsider the scope of securities businesses conducted by

expansion with consumers-oriented goodwill. (3) Increase profit and remuneration using business coordination with both management team, including expand market channel, improve production line and cost

in Q4/2018 continuously grew. Export-oriented manufacturing businesses continuously expanded but domestic-oriented manufacturing was rather stable as slow recovery of private consumption and high

On July 27, 2017, CTBC Bank Company Limited has entered into the shareholder of the company amount of 7,544,961,342 shares or 35.6169% of the paid-up capital. As a result the shareholders structure as

27, 2017, CTBC Bank Company Limited has entered into the shareholder of the company amount of 7,544,961,342 shares or 35.6169% of the paid-up capital. As a result the shareholders structure as follows

LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR Q3/2018 2 2. ECONOMIC SITUATION Thai economy in Q3/2018 continuously grew. Export-oriented manufacturing businesses expanded for specific sector, automobile

- commissioning activities planned in December 2017 and startup early 2018. In addition to improved cash flows as a result of the better performance, the Company’s Balance Sheet al- so strengthened as a consequence

, and net profit of THB 8,686 mn, a decrease of 22.7% YoY). Excluding the non-recurring items In 3Q18, CPN reported an increase in total revenue of 19.4% and an increase in net profit of 5.5%. The result

to a 20% reduction in IVL’s core EBITDA. Operating cash flow through this period increased by 33% to $1.3B, as a result of lower prices and operational excellence. IVL has proposed a dividend of

implementing its recycling growth strategy. Fibers IVL has restructured this segment into three market oriented verticals; Mobility, Hygiene and Lifestyle. Each vertical has a dedicated management team which is