profitability. The Company has added new growth engines through both organic and inorganic expansion which enable MACO to achieve an outstanding top and bottom line performance compared to the same period last

of local businesses, their workers as well as increased household debt. Moreover, recovery on tourist and export sectors, key engines for Thai economy, still mainly depend on large scale vaccination in

growth across PET, IOD and Fibers through commercial excellence  Adjacency growth to develop new growth engines for IVL  Recycling leadership as the #1 player in recycled PET and the orchestrator of the

February 2020. Capital Expenditure Program IVL expects its balance sheet and cash flow from operations to remain strong, and sufficient to meet its planned investments into growth engines. Table 3: Major

growth to develop new growth engines for IVL  Recycling leadership as the #1 player in recycled PET and the orchestrator of the PET circular economy  Leadership development with a bench of leaders and

commercial excellence  Adjacency growth to develop new growth engines for IVL  Recycling leadership as the #1 player in recycled PET and the orchestrator of the PET circular economy  Leadership development

tourist and export sectors, key engines for Thai economy, still mainly depend on large scale vaccination in domestic population and major developed countries . These uncertainties would pressure telecom

sheet and cash flow generation are strong, allowing us to invest significantly in our growth engines, through selective growth and turnaround opportunities, leveraging our strengths in core markets and in

earnings. IVL balance sheet and cash flow generation are strong, allowing us to invest significantly in our growth engines, through selective growth and turnaround opportunities, leveraging our strengths in

enhance overall production, vertical integration and quality of earnings. IVL balance sheet and cash flow generation are strong, allowing us to invest significantly in our growth engines, through selective