plants, gross profit increased by Baht 103 million due to the increase in electricity sales volume resulting in the increase in revenue from selling electricity while the average natural gas price per unit
earnings im- pact from the seasonal maintenances. Figure 1: IVL Quarterly Core EBITDA (LTM) The steady improvement seen in core earnings follows on from IVL’s strategy of prudent invest- ments in the higher
the dual-feed gas cracker in USA, expansion of the HVA auto fibers in China, full year impact in 2018 of the acquisitions and the expan- sions done in 2017, all of which add to overall production
higher margins with production remaining steady Strong improvement in the North American business with Core EBITDA per ton of $145 vs $121 in 1Q LTM 2017 and the EMEA business with 1Q 2018 LTM Core
revenue in Q4/2017 increased by 295% due to the COD of both Phase 1 and Phase 2 as well as the continuous operation of gas turbine in Q4/2017 unlike Q3/2017 in which the gas turbine of Phase 1 was ceased
gas-fired combined cycle cogeneration power that commenced COD on February 1, 2018. It has an installed capacity of 133 MW and sells electricity to EGAT 90 MW under a 25-year PPA. The Project was able
service under a Power Purchase Agreement increased by Baht 104.2 million as a result from increase in unit of electricity sold and unit price which is adjusted in line with natural gas price. Sales of
Construction EVN = Electricity of Vietnam FX = Foreign exchange IPO = Initial public offering IU = Industrial user JV = Joint venture KWh = Kilowatt-hour MWh = Megawatt-hour mmBtu = Million Btu (unit of gas