rate translation, revenue from sales grew by 6.7% YoY at constant FX. The growth drivers lie in our core businesses, both domestic beverages and personal care with the growth of 6.6% and 10.7

which is recognized based on the percentage of completion of our hydro power projects in Lao PDR, namely XXHP and Nam Che. Table 1) Revenue drivers: Sales volume 6M'2016 6M'2017 % change MWh MWh

drivers in 2H’20 onward, serving C-Vitt both domestic demand and export to neigbouring countries. Our beverage factory in Myanmar has commenced the operation in July, which will enhance gross margin of

temporarily closedown shopping malls and shopping centers. In addition, the cloud kitchens helped facilitate food delivery drivers (Riders) and maintained normal delivery fees for customers who are in the

, outage amortization of GHECO-One has been reclassified to maintenance cost. This, partly, has been a contributing factor of increased maintenance cost reported in Q1/2020 onwards. Key revenue drivers Q2/19

guidance is based on LTM 2Q 2018 average margins although we believe the current market conditions could result in higher yields Table 5: Business Key Drivers Core EBITDA ($/t) LTM 2Q18 1H18 2019F Key

the previous year. 2017 was a year of record high revenue and profitability. The growth drivers include: 1. The consolidation of financial statements with two outdoor media operators, Multi Sign and

sentiment, accompanied by growth in public investment which resembled the growth rate from the same period last year. All in all, economic drivers continued to perform well particularly merchandise exports

. The domestic economy recovered at a modest pace. Public spending and private consumption remained to be the main growth drivers. Private investment remained at a similar level compared to the same

) 0.24 0.23 0.01 4% Note: Gross profit = Sales and service income – Cost of sales and services (does not include other income) 3.1. Analysis of Q4 2017 and 2016 results The key drivers of Q4 2017