revised FY22 guidance and outlook. Core-service revenue to low-single-digit growth (revised from mid- single-digit growth). EBITDA to flat to slightly decline (revised from low-single-digit growth). We
. Our Thailand operation decreased slightly more than the industry volume due to higher proportion of pick-up truck business which experienced a higher decline than passenger cars. Portugal and China
instruments. Therefore, Thai bond and US Treasury yields saw a decline across all maturities. Regarding the outlook for 2020, the protracted US- China trade negotiations will remain a major concern, which may
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
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
total revenues of Bt41,2050mn, a slight decline of 0.3% YoY but an increase of 6.8% QoQ. Service revenue (excluding IC) was Bt32,611mn, an increase of 3.1% YoY and 0.5% QoQ, driven by the continuation of
revenues from sales of THB 6,333 million, slightly drop by 0.5% YoY (or THB -31 million). The reasons for total revenues decline were 1) Lower OEM businesses, especially OEM bottles sales (-33.7%), 2