a lower core EBITDA of US$201M, due to a significant decline in industry margins and spreads across the business. The decline in margins reflects the sharp contraction in industry- wide spreads across
projected to continue to improve, certain areas that still could limit the growth 1) Farm-related household income could slowdown from the decline in agricultural products prices particularly for rubber and
growth driven by lifestyle fibers growth in India (IRSL). IVL reported US$281M of core EBITDA registering a more pronounced decline yoy as spreads came off from a strong 3Q18. IVL reported US$405M of OCF
Necessity and Details of the Transaction The effect of the global financial crisis in 2008 on the steel production industry, which resulted in a substantial decline in global demand for hot rolled steel
resulted in a substantial decline in global demand for hot rolled steel, combined with other issues and debts from past to present, have put the Company in another financial crisis. From the continuing
slightly increased from the previous quarter, but decreased from the same period of last year. The over-year decline could be attributed to increase in impairment loss on loans and debt securities in line
period and the company can continue production as planned. As for the measures against the spread of COVID-19, the company has taken strict steps to prevent various impacts as much as possible, including
the year and from additional government measures to support low-income households, although these may gradually decrease. Private investment was also expected to slow down due partly to a decline in