achieve diversified and steady cash flows. 8. Source of Funds The Transaction of USD 2 Billion will be funded from the Company’s own internal resources and the Company will enter into the bridge loan

well as medical service concerning health and esthetics. 2. Overview of operating results in the Quarter 1’2018. The global economy has continued its steady growth as a result of a tightening monetary

strategy, to expand into the public infrastructure business by using the company’s engineering knowledge to be used in creating new products and services. 8.2 A source of long steady stream of revenue with

capital market will be sufficient to provide valuable and quality services. Moreover, the leaders of the audit firms also prioritize the staff capacity building plan, resulting in the steady increase of

& Calpis grew 1.5% YoY and above market growth. C-Vitt became #1 brand in functional drink with market share of 23.3% in Q3’18 from 16.9% in Q2’18. Domestic Personal Care grew 9.1% YoY. At constant FX

result of an internal restructuring. This causes the sales revenue to decrease while the production expenses remain constant, resulting in higher cost of sales than sales in third Quarter of 2020. However

E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ending March 31, 2020 The Thai economy in the first quarter of 2020 sank into a recession due to the COVID-19 pandemic. Economic activity was crippled almost across the board in light of lockdown measures implemented in several countries to contain the viral transmission. Financial markets went into a tailspin, whereas turbulence was seen in manufacturing, service and tourism sectors,...

driving forces that help advancing Thai economy towards a stable and sustainable growth but to propel it forward requires considerable collaborative efforts from all stakeholders. As the integrity of

per ton (YoY) in an otherwise strong season. Figure 1: IVL Quarterly Core EBITDA (LTM) The steady improvement seen in IVL’s core earn- ings follows on from IVL’s consistent strategy of prudent

, diversified and steady cash flows, growing with a combined EBITDA of 18% YoY and 44% LTM 2Q19. The Integrated Oxides & Derivatives segment was negatively impacted by the extended shutdown into 2Q19 following