earnings (EBITDA). Shareholders, including the majority shareholders, expressed their faith in the performance and future prospects of the Company and subscribed, in large numbers, to the warrants (IVL-W1
liabilities 187,661 67% 194,129 76% 37,532 15% Share capital 170,000 61% 170,000 67% 340,000 139% Retained earnings (Deficit) - 0% - 0% - 0% - Legal reserves - 0% - 0% - 0% - Unappropriated (Deficit) (78,869
-bearing debt to equity ratio stood at 0.37 times, equal to the ratio at the end of 2018, Although the Company has higher interest-bearing debt amount, the Company also recognized higher retain earnings at
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