in sales. The Company and its subsidiaries operated integrated stainless center which provided many kinds of services such as procurement, transformation, manufacture and stainless products wholesale
of crude palm oil has a lower market price on the day of manufacture and delivery. The Company possible to generate profit from this business unit since there were Made to Order so that the Company can
period of high crude palm oil price. Therefore, the Company has realized higher profit margin when the price of crude palm oil has a lower market price on the day of manufacture and delivery. The Company
than CPO price at the time of delivery. As a result, the difference in raw material prices to the sales price at the date of manufacture and delivery of product to decrease. The Company possible to
the pre-bid price of CPO lower than CPO price at the time of delivery. As a result, the difference in raw material prices to the sales price at the date of manufacture and delivery of product to
cycle. On the journey to achieve this, IVL is committed to: Cost transformation via the Olympus program, leading to $350M run-rate savings by 2023 Asset full potential with strong revenue and margin
Dusit Thani PLC Management Discussion and Analysis For 4Q19 and FY2019 P a g e | 1 Executive Summary 2019 marked our first year in the second phase of the Company’s 9-year strategic journey (2019
Dusit Thani PLC Management Discussion and Analysis For 4Q19 and FY2019 P a g e | 1 Executive Summary 2019 marked our first year in the second phase of the Company’s 9-year strategic journey (2019
Dusit Thani PLC Management Discussion and Analysis For 4Q19 and FY2019 P a g e | 1 Executive Summary 2019 marked our first year in the second phase of the Company’s 9-year strategic journey (2019
focused on its financial objective to double EBITDA by 2023 in a disciplined manner by utilizing its current balance sheet and future operating cash flows. On the journey to achieve this, IVL is committed