. Management Discussion and Analysis (MD&A) for 2019 Page 5/5 Looking Forward In 2019, the Company was able to generate revenue from business expansion quite well, which could be achieved according to the target
have completed a couple of significant projects contributing to higher recurring revenue going forward. Revenue from overseas markets has improved YoY but was offset with the reduction in non-recurring
created should not only be good for the company but also for its shareholders, stakeholders, the capital market and the society at large. If practiced in substance, the objective of long-term sustainable
created should not only be good for the company but also for its shareholders, stakeholders, the capital market and the society at large. If practiced in substance, the objective of long-term sustainable
budget for 28 consecutive projects over the last 7 years. PPAs signing for two large scale Vietnam solar projects with total capacity of 677 MW. In September 5, 2018, Dau Tieng Ninh Energy Joint Stock
$ 17 million had there been no unplanned shutdowns. Going forward, expected increase in PTA and PET capacities are likey to be absorbed in line with ongoing demand growth (expansion in PTA demand due to
impacted its EMEA portfolio in particular. IVL acquired two large mothballed sites in Egypt (PET) and Portugal (PTA) which did not operate for most of 2018, suffered from reduced PTA production in the
at large; (2) Custody of clients? assets: deficiency of the verification process created risk of damaging client assets. It was found that during August 2014 to March 2015 many clients asked the
increase of 463.3 MB and 700.2 MB or increase of 36.6% and 68.0%, respectively. This is because the Company had delivered many large-scale projects which had just been auctioned in early 2019. Those large
Operating Results 3.2. Cash Collection from NPLs and NPAs Management Businesses 3.3. NPLs by Portfolio Concentration 3.4. NPAs Concentration by Region by Type 4. Key Financial Ratios 5. Forward Looking