varied in accordance with the volume sold consist of (1) raw materials and packaging for productions, and (2) purchase costs of 3rd party products for distribution. The variable cost components accounted
of cost of Sales and Services of the Q4–2020 varied in line with the revenue. However, the decreased rate of the cost of Sales and Service was greater than the decreased rate of the revenue especially
uniquely diversified and integrated company in the context of its businesses. The recent acquisition of Glanzstoff’s facilities has also started a new facility in China and allows IVL to present a full menu
strategic integration. Our diversified portfolio provides an earnings mix that combines the higher-volume Necessities (80% of 2Q 2018 LTM volume), now with improving margins, and stable-margins HVA business
transacts in a trading instrument (other than a diversified collective investment scheme) that itself owns an interest in the rated entity or obligor, or is a derivative based on a trading instrument issued
reductions. Moreover, attractive development opportunities are expected thanks to MACO’s and PlanB’s high-visibility billboards as well as the well-diversified media contents owned by PlanB, which will enable
in Transit media’s concession fee, higher revenue contribution from lower margins from a more diversified revenue mix, higher SG&A and interest expenses, the Company’s net profit from operation
new products, our product strategies also include the shaping up additional revenue stream from distribution of diversified set of 3rd party products in both food and non-food categories. Following this
and 6-month periods ending 30 June 2017, respectively. Apart from launching new products, our product strategies also include the shaping up additional revenue stream from distribution of diversified