manufacturing capacity in higher-margin businesses. The deal accelerates IVL’s ability to achieve its goal to double its core EBITDA every 5 years. The nature of IVL’s business model enables it to achieve visible
, driving higher yield loss; and cost from relocating some product from the old production line to the new one. However, production cost of the new machine has been gradually improving every month. Q2/2018
opened in 2019. • Selling expense to total revenue in 2019 was 27.3% which improved by 3.5% from 2018. The decrease was mainly from significant increase in sales from dessert café in every quarters, while
, 2018 which was every 3 months, principal repayment: Baht 6.25 million/period (the last repayment will be made for remaining principal) at rate of MLR minus percent of fixed rate per annum - Long term
concession fee from 5% to 10% (revenue sharing scheme which increases by 5% every 5 years since May 2015), full quarter consolidation of newly acquired companies Multi Sign and COMASS by MACO. Cost-to-sales
due to sales recovery in almost every segment, while cost per unit decreased QoQ due to higher capacity utilization and improved cost management. 2. Overview of Domestic Economy and Ready-to-Drink Fruit
the Company an interest once every quarter. The interest rate which the Company agreed with JAS to pay is an interest rate at the fixed deposit interest rate of 12 months weighted average of three major
that JAS is required to repay the Company an interest once every quarter. The interest rate which the Company agreed with JAS to pay is an interest rate at the fixed deposit interest rate of 12 months
increases by 5% every 5 years since May 2015), full quarter consolidation of COMASS by MACO. Cost-to-sales ratio, however, decreased from 42.8% to 39.4% primarily as a result of higher sales, improved