impact was mitigated by economic stimulus and a steady influx of tourists. Efforts will focus on maintaining momentum in core service revenue. In the remaining quarter of the year, growth will continue to
time dispatch of all generators which is set daily on a merit cost basis. South Korea’s electricity generating capacity is estimated to increase to 174,000 megawatts. The government plans to shift away
the Infrastructure Fund of Japan in September 2018. This resulted in the steady amount of overall electricity generated. There were also a profit from the sales of the aforementioned assets before tax
dispatch from EGAT, comparing to the same period of previous year. Meanwhile, Availability Payment (AP) was decreased according to the PPA. BLCP: Unit : Million Baht Quarter 2 Change Increase (Decrease) 2019
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
(Figures 4- 7 in following pages reflect the steady growth of IVL at consolidated level although the regional levels are more cyclical). Business Outlook The doubling of PTA production in The Netherlands
capacity utilization following a steady contraction in export value. Meanwhile, public investment expanded as a result of an acceleration in disbursements by the government. Headline inflation in the second
margins corrected to LTM 2Q18 level HVA 284 271 268 • PEO, NDC, Packaging margins steady • IPA margins lowered to sustainable level • HVA Fibers margins to expand post 1H18 supply issues • Avgol, Kordarna
according to the PPA and a decrease in electricity profit resulting from the lower dispatch from EGAT, comparing to the same period of previous year. Page 15 Quezon (Include PEPOI and QMS): Unit : Million