up and improve the strategy in order to gain higher sales volume throughout the year, resulting in higher sales volume from Q2 onward. The outcome of strategy improvement and cost control made NCL
increasing of cost of raw material that used for production and the higher of direct labour cost. The net profit rate from financial statement was decreased from 6.1 percent in 2017 to 5.2 percent in 2018 due
) Performance Analysis Unit : MB For the year ended Change 2018 2017 MB % Net sales 1,057.38 1,054.67 2.71 0.26 Other income 47.74 46.50 1.24 2.67 Total revenues 1,105.12 1,101.17 3.95 0.36 Cost of goods sold
(12.7) (31.8) Other Income 17.0 15.6 4.5 1.4 9.0 12.5 277.8 Cost of Sales, Service and Construction contracts 985.6 872.0 819.7 113.6 13.0 165.9 20.2 Selling expenses 50.1 58.0 40.4 (7.9) (13.6) 9.7 24.0
) (48.76%) 1 - Construction 556.10 343.54 212.56 61.87% 2 - Testing and Inspection 19.20 15.83 3.37 21.29% 3 Cost of sales and services (687.57) (494.89) 192.68 38.93% Gross Profit 80.26 56.52 23.74 42.00
service cost as an expense in statement of comprehensive income due to the recognition of additional legal severance pay rates for employees who have worked for an uninterrupted period of twenty years or
tender offer of shares, it shall be deemed that the Company has acquired shares of GLOW by means of the takeover via other juristic persons. The Company is thus required to calculate the cost of the
other juristic persons. The Company is thus required to calculate the cost of the acquisition of the shares of GLOW (the “Acquired Cost”) and is required to make a tender offer for the shares of GLOW at
partially offset by significant cost increase of secondary raw material. Earnings Analysis 2Q 2018 core EBITDA increased by 63% to $388 million year-on-year.On a portfolio basis, IVL achieved a Core EBITDA