per ton (YoY) in an otherwise strong season. Figure 1: IVL Quarterly Core EBITDA (LTM) The steady improvement seen in IVL’s core earn- ings follows on from IVL’s consistent strategy of prudent

business is on the recovery path and it is expected to perform better in the quarters ahead. Figure 1: Core EBITDA Evolution Figure 2: Regional Performance 278 356 197 218 373 535 859 1,112 LTM1Q17 LTM1Q18

. $10 million) of a marginal manufacturing facility in Indonesia which was underperform- ing since last few years. Impact of last 4 years strategy: Figure 1: IVL Core EBITDA The Company has achieved a

. $10 million) of a marginal manufacturing facility in Indonesia which was underperform- ing since last few years. Impact of last 4 years strategy: Figure 1: IVL Core EBITDA The Company has achieved a

rent and services In 2Q18, CPN recorded revenue from rent and services at THB 6,819 mn, an increase of 4.6% YoY (for the first six months of 2018, the figure stood at THB 13,594 mn, an increase of 4.2

, % 1/ Figure after reclassification. Cost of rental and rendering of services before reclassification in Q1/2019 was Baht 77.5 million (figure after reclassification decreased by Baht 5.3 million from

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

benefit expenses in accordance to the labour protection act (No.7) in second quarter of 2019, moreover; during lockdown the company implemented a cost saving scheme; where 6 months figure lower by 11

include SEC Check First: information on approved service providers and products, SEC Bond Check: information on debt securities, SEC Fund Check: information on mutual funds, and IPO Fact Figure

% YoY (for 4Q18, the figure stood at THB 7,370 mn, an increase of 11.9% YoY). Despite the impact from the major renovation at CentralWorld and the transfer of CentralFestival Pattaya Beach to CPNREIT