E_1 Legal_FA_2015_12_29-c A FFeeCCoorrppLL44..11hhiigg A Executive Summary Management Discussion and Analysis For the Quarter Ended September 30, 2017 The Thai economy maintained steady growth in the
per ton (YoY) in an otherwise strong season. Figure 1: IVL Quarterly Core EBITDA (LTM) The steady improvement seen in IVL’s core earn- ings follows on from IVL’s consistent strategy of prudent
, diversified and steady cash flows, growing with a combined EBITDA of 18% YoY and 44% LTM 2Q19. The Integrated Oxides & Derivatives segment was negatively impacted by the extended shutdown into 2Q19 following
rates have remained steady. Core EPS of THB 4.49, up 65% YoY, post 11.1% dilution from warrants exercise. Operating Cash Flow of $1,037 million, despite higher working capital deployment due to start
using the company’s engineering knowledge to be used in creating new products and services. 8.2 A source of long steady stream of revenue with low risk. The management of the company is expecting to start
biodiesel was 76.68% in 2018. This was similar to 75.28% in 2017 and all previous years. The profit has seen steady growth in this sector. 2.2 The refining service for Edible Oil has ratio of cost of refining
both pricing environment and handset campaigns despite lessen from previous year. Market was driven by postpaid acquisition via handset bundling package causing steady rise in blended ARPU throughout the
refining services to revenue for RBD Palm oil for biodiesel was 76.68% in 2018. This was similar to 75.28% in 2017 and all previous years. The profit has seen steady growth in this sector. 2.2 The refining
revenue for RBD Palm oil for biodiesel was 73.37% in the 1st quarter of 2019. This was similar to 75.90% in the 1st quarter of 2018 and all previous years. The profit has seen steady growth in this sector
changes over the past few years. Traditional media such as television, newspaper, magazine and radio has been in steady decline, while Out-of-Home (“OOH”) and online/digital media have become the go-to