, performance of this business was still a growth, mainly from a steady rental increase at Suntowers. While performance was strong and stable, Suntowers underwent various value enhancement projects, including
Industry (Laos) Co., Ltd. of 50.10MB was included in year 2016. The company sustained steady progress in its make-over strategy into renewable Energy by acquiring another 30MW of solar farms in Thailand in
for milk and yogurt and consumer was in steady state. 2. The consolidated gross profit margin was 13.48%, decreased from the same period of last year at 15.43% due to increase in plastic resin cost
electronics and screens was steady. The automotive and oil related segments saw severe drops in off-take and for the first time we saw the shutdown of the retail segment which impacted our apparel demand. • Our
2017. TRIS Rating, an associate of S&P in Thailand has affirmed the Company’s rating of “A+” and revised upwards its outlook to ‘Positive’ from an earlier ‘Stable’. From a performance perspective, this
39% to 0.54 (Net Operating Debt/Equity) and TRIS Ratings (a strategic part- ner of S&P Global) ascribed the Company’s rating at “A+”. They also upgraded the outlook of IVL to “Posi- tive” from “Stable
warrants exercise LTM 3Q18 Operating Cash Flow of $1,037 million Net Operating D/E ratio 0.53x; Rating Upgrade to AA- with “Stable Outlook” 2019 Guidance reaffirmed; attractive and accretive production
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
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