years, the Company has planned to grow organically by investing in greenfield projects. We focus on capacity expansion along the stream of our vertical integrated chicken production. Firstly, broiler farm
normalized and we saw improved performance in the vertical over the previous quarter. Our Lifestyle rebound from 4Q19 lows in January due to normalized operations before softening in March 2020 due to supply
business targets verticals grows at 6-7% year-on-year. The automotive vertical is a key growth driver for IVL within its rapidly expanding HVA portfolio benefiting from mega-trends like light-weighting
ROE of 20.3% and a core ROCE of 15.8%. Note: All ratios are based on US$ calculation The HVA fibers business verticals grow at 6 to 7% year-on-year. The automotive vertical is a key growth driver for
which is not impacted by weakness in any one product and can deliver double-digit returns across business cycles. IVL continues to invest in the business to enhance overall production, vertical
was due to our higher requirements for funding from financial institutions for the purpose of liquidity and vertical integrated business expansions. The Group ended up having interest-bearing debts of
2018 MD&A 7 Capital Expenditure Program We continue to invest in the business to enhance overall production, vertical integration and quality of earnings. IVL balance sheet and cash flow generation are
ยงัคงแข็งแกร่งเน่ืองจากเป็นสินค้าจ าเป็น การผลิตบางส่วนของบริษทัในประเทศจีนไดรั้บ ผลกระทบซ่ึงในปัจจุบนักลบัสู่การด าเนินงานตามปกติแลว้ จะเห็นไดว้า่ผลประกอบการของกลุ่มธุรกิจ Vertical ในไตรมาสน้ีสูงกวา่ ไต
and 19% YoY. We achieved Reported EBITDA of US$85M, due to inventory gains. Lifestyle fibers vertical had a strong performance in 1Q21 with core EBITDA growing 52% QoQ and 87% YoY. This was driven by