, acquisition of 700kta PTA in Portugal, the doubling of IPA production in Spain and the commissioning of the ethylene cracker in the USA will provide earnings up- side for the feedstock segment for most part of
business segment) transactions (2) Core EBITDA is Consolidated EBITDA less In- ventory gain/(loss) whereas Core EPS is Reported EPS less Inventory gain/(loss) and onetime extraordinary items. Segments total
segment of IVL was adversely impacted due to steeply lower crude oil price impacting margins of MTBE & Int. EG as shale gas lost its advantage against naphtha based producers. • Mobility & Lifestyle Fibers
intra-company (or intra-business segment) transactions 2Total of each segment may not always tally with consolidated financials due to holding segment 3Excludes price adjustment for captive sales on
-68.42% Operating results for each business segment are shown below: 1. Manufacturing and Selling of Special Cutting Tools unit: THB million 2019 2018 Change (THB million) Change (%) Revenue from External
THB 510mn. The land plots were part of a certain number of assets to be disposed, which received shareholders’ approval at the EGM held on 4 January 2018 MANAGEMENT DISCUSSION & ANALYSIS 1Q 2018 15 MAY
construction contracts by segment portion for Quarter 3 2018 – 2017 (Unit: Million Baht) Category Quarter 3 2018 Percent(%) Quarter 3-2017 Percent (%) EPC service 101.21 31.96 198.22 71.84 SMP & E&I service
preferred shares and warrants of U City via private placement and a rights offering and (iii) the disposal of certain non-core assets 22 January 2018: Private Placement as part of capital increase. The
administrative expenses in proportional to sale increase owing to the decrease in the overall plastic automotive part market but the Company has fixed cost for new model of painting segment preparation
-74.72% Operating results for each business segment are shown below: 1. Manufacturing and Selling of Special Cutting Tools unit: THB million 2019 2018 Change (THB million) Change (%) Revenue from External