compared to last year due to COVID-19 measure such as curfew and international travel restriction. Moreover, the Company closed some convenience stores. However, sales from Food segment in Vietnam grew
esthetics. 2. Overview of operating results in the Quarter 1’2019. From 2018 to the first quarter of 2019, the global economy still has risk factors from international political and economic tensions
term has provided premium margins and low variability. The commodity segment represents ~60% of IVL’s EBITDA, at a significant 2 alpha to benchmark margins set in China, due to our global integrated
subsidiary namely VGI Global Media (Malaysia) Sdn Bhd (“VGM”), a purely international operation, to provide an OOH media advertising services in Malaysia. In January 2018, VGM has expanded further into
) International Advertising revenue of 21.0% (or THB 157mn); and 3) System Integration revenue of 44.5% (or THB 333mn). Revenue contribution Revenue by segment (THB mn) 3Q 2018 3Q 2019 YoY (%) Advertising 245 415
increased 1.8% Aeroflex’s revenue from sale grows both domestic and international especially in USA and Japan that require premium products. Aeroklas’s revenue from sale is reduced from FY 2018/19 due to
of tire-cords to the global tire industry which is growing at healthy rates. Feedstock now contributes to around 50% of the earnings, making it the single largest segment, and provides IVL the
Revenue from farm & DOC segment consisted of revenue from selling live broilers to GFN, our joint venture, and selling day-old-chicks to both international and domestic market, represented 30.03% of total
(or intra business segment) transactions (2) Core EBITDA is Consolidated EBITDA less In- ventory gain/(loss) whereas Core EPS is Reported EPS less Inventory gain/(loss) and onetime extraordinary items
(or intra business segment) transactions (2) Core EBITDA is Consolidated EBITDA less In- ventory gain/(loss) whereas Core EPS is Reported EPS less Inventory gain/(loss) and onetime extraordinary items