manufacturing capacity in higher-margin businesses. The deal accelerates IVL’s ability to achieve its goal to double its core EBITDA every 5 years. The nature of IVL’s business model enables it to achieve visible
) remained strong at 2.21 times, representing the company’s ability to repay its debts.
utilization efficiency. Return on equity was 45.2% increasing from previous, as a result of the ability to maintain profitability, the Company’s interim dividend payment. Quarter Quarter Quarter 4/2018 3/2019 4
- term investment) was 0.87 times. Debt service coverage ratio (DSCR) remained strong at 2.25 times, representing the company’s ability to repay its debts.
derived from the expansion of medical and excellence center, the enhanced ability as well as the acquisition of high-growth potential hospital(s). 8. Opinion of the Board of Directors The Board of Directors
commercial benefits. This is because the purchasers possess the sophisticated knowledge, ability, expertise and many years of experiences in the business of wood manufacturing and distributing as well as other
the decrease rate in profit was lower than the decrease rate in revenue due to the reversal of provision for doubtful account of the Q4-2016. - 3 - Operating results and ability to make a profit
volume, increased selling prices, and ability to manage operating costs. Our 2017 Gross Profit was recorded at Baht 541.4 million, a 4.5% increase from that of 2016. Power Business In 2017, our Share of
revenues. The ability to maintain low financial cost due to the replacement long term loan with lower rate as well as the Company’s policy to manage liquidity risk and interest rates fluctuation risk by