) was made to disclose information and the vision of the management in order to assist investors to better understand the company's financial status and operation. It also supports the "Good Corporate
to disclose information and the vision of the management in order to assist investors to better understand the company's financial status and operation. It also supports the "Good Corporate Governance
manpower to support its growth after the crisis. Office Business Office segment is not directly affected by COVID-19 because all tenants are long-term tenants. The Group has measures to assist the tenants by
assist the tenants by reducing the rental fees for a certain period. Residential and Others The residential segment slowed down before COVID-19 due to the Loan-to-Value (LTV) measures and reduction in
made to disclose information and the vision of the management in order to assist investors to better understand the company's financial status and operation. It also supports the "Good Corporate
assist the first phase of the store opening in Hong Kong . Majority of the outlets resumed the dine-in areas 2nd Phase of easing measures March 1st, 2020 June 30th, 2020 May 17th Dine-in areas of outlets
earnings im- pact from the seasonal maintenances. Figure 1: IVL Quarterly Core EBITDA (LTM) The steady improvement seen in core earnings follows on from IVL’s strategy of prudent invest- ments in the higher
(Figures 4- 7 in following pages reflect the steady growth of IVL at consolidated level although the regional levels are more cyclical). Business Outlook The doubling of PTA production in The Netherlands