due to lower prices. Net debt to equity is at 0.99 times, well below IVL’s covenants, and supported by stronger operating cash flow. The dividend payout of THB 1.225/share for 2019 remains higher than
Net operating debt to equity at 0.61 times with strong operating cash flow. Dividend payout remain much higher than its stated policy of 30% of net profits. Perpetual debenture of THB 15b refinanced at
(THB) 0.43 0.25 0.85 +0.19 (0.42) Core EBITDA/T ($) 94 92 115 2% (18)% Operating Cash Flow5 300 340 385 (12)% (22)% Net Operating Debt to Equity (times) 1.32 1.35 0.65 (2)bps +67bps * Integrated Oxides
. • Shareholders’ Equity As of February 28, 2018, shareholders’ equity was 15,822 million baht, an increase of 2,049 million baht or 15% from 13,773 million baht as of February 28, 2017. Consequently, Book value as
year 2018. Consequently, book value as of November 30, 2019 was 79.6 baht per share, increased from 72.2 baht per share as of February 28, 2019. Debt to Equity ratio as of November 30, 2019 at 3.7 times
interest rate swap contracts to hedge its debt. • Shareholders’ Equity As of February 28, 2017, shareholders’ equity was 13,773 million baht, representing the increase of 1,516 million baht or 12% from
% (113,896) -3% Margin -14% -14% -19% -13% Profit (loss) for the period attributable to equity holder of the company (37,417) (46,242) -19% (60,913) -39% (39,057) -4% Margin -5% -5% -9% -4% 2 (Unit : Thousand
in retained earnings of 6,788 million baht. Consequently, Book value as of May 31, 2020 was 58.2 baht per share, decreased from that of 82.9 baht per share as of February 29, 2020. Debt to Equity ratio
February 28, 2019, shareholders’ equity was 18,388 million baht, an increase of 2,566 million baht or 16% from 15,822 million baht as of February 28, 2018. Consequently, Book value as of February 28, 2019
the Period - The Company’s Equity (0.73) (6.33) (5.60) (88.47%) - Non-controlling Interest 0.63 0.03 0.60 2,000.00% Management's Discussion and Analysis and operating results for the Quarter 1’ 2019