6661 Fax: +662 661 6664 1 2019 IVL Performance Summary IVL registered volume growth of 18% in 2019 driven mainly by inorganic expansion. Industry-wide spreads declined to historical lows in 2019, leading
relation to the Institution relocation to support the business expansion in the future. In FY2019, there was higher loss sharing from Dusit Hospitality Education Philippines Inc due to increase of
relocation to support the business expansion in the future. In FY2019, there was higher loss sharing from Dusit Hospitality Education Philippines Inc due to increase of administrative expenses. In FY2018, it
, slightly decreased from 0.35: 1 as at December 31, 2016. In summary, the Company had appropriate capital structure. GFPT Group Expansion Plan For the next 3-5 years, the Company has planned for its future
from operations, short-term loans, and long- term loans. Besides, McKey finished its Greenfield expansion of a new further processing plant with capacity of 30,000 metric tons per year in 4Q2017. GFN
showing an expansion with sales for the first five months totaled 437,722 units, growth of 9.1%. The passenger vehicle and commercial vehicle segment expanded by 11.7% and 7.5% yoy respectively with growth
high level of household debt limiting household consumptions. Meanwhile, in the auto industry, the total number of car sales for the first six months of 2019 still showed an expansion with sales for the
remained strong as banks continued to closely monitor credit quality and maintained high levels of capital fund and loan-loss provisions to facilitate credit expansion going forward. Credit Rating Land and
Havens brand, the number of villas under management is expected to increase to over 270 villas (from 264 villas at the end of 3Q19) due to business expansion in Thailand. Key Financial Ratio Profitability