sharp decline in industry- wide IPA spreads which has led to a negative EBITDA contribution from this product. As part of our currently ongoing broader long-term strategy review, we are reviewing our
sales volumes. The sharp decline in the Finished Goods prices has also led to a decline in Raw material prices and the Company suffered devaluation loss on Finished Goods stock, Raw Material in stock and
imports constituted 60% of the total consumption in 2019 compared to 54% in 2018. The decrease in total consumption coupled with surge in imports led to 22% decrease in Domestic production compared with
led to widespread slowdown in economic activities. Private consumption slowed down in almost all categories especially in services segment: hotels, restaurants and transportations from the various
started in January in China and has since spread to several countries. Measures to contain the outbreak imposed by several countries have led to widespread slowdown in economic activities. Private
work from home in late March. The competition, however, remained elevated with offerings in smaller plans and aggressive discount which led to ARPU continued declining trend. Other service revenues
, especially from the low-price unlimited data plans offered across the industry. Nonetheless, our focus on quality acquisition led to solid growth in the postpaid segment driven by significant 5G adoption and
sustainability challenges such as climate change. Governance and risk management The sustainability strategy is led by a corporate team in the global headquarters in London and deployed by dedicated teams in the
developing and scaling climate solutions; reducing portfolio emissions; increasing international financial flows to emerging markets and developing economies, including country-led initiatives to decarbonize
nutrition and health products, as rising disposal income, changing lifestyles from urbanization and greater awareness of health and wellness issues have led to substantial growth in demand for its products