reflects the release of built-up inventory in China during the quarter. Final demand in both segments is resilient. IVL reported a higher OCF of US$265M in 4Q19 driven by lower working capital requirements
acquisition of Spindletop and startup of Lake Charles cracker did not provide us the typical earnings which we had built in our business case. Our strong balance sheet and the strategic fit of these gas based
-to-equity ratio of 2.97 times and the interest-bearing debt to equity ratio of 2.61 times. Forward Looking The Company's operation has been continuing to set goals for the sustainability of the
. To be clear, we differ from an over-supplied olefin industry since the acquired business synergizes well with our existing Integrated Oxides business. The excess ethylene capacity being built in USA
quickly built a nationwide 4G network covering 98% population in response to the accelerating demand for quality mobile data. We expect that the demand for faster speed will continue strongly, and will be
minimum 70% of net profit Build strong leadership in mobile data In 2016, after acquiring 1800MHz, AIS has quickly built a nationwide 4G network covering 98% population in response to the accelerating
capital increase from Initial Public Offering would result in the marked decrease in Debt-to-Equity ratio and financial costs going forward. Management’s Discussion and Analysis S Hotels and Resorts Public
|- Anti-fraud Provisions (section 98(3)) |- Forward Transactions/OTC Equity Derivatives Transactions (section 98(4)) |- Securities Borrowing and Lending (section 98(5)) |- Short Sale Provisions (section 98
policy: a minim ted to driving h and flexibility By preserving c ircumstances. ayment shall st e separate fina bligations of th tions. this material are forward‐l not historical facts. These our
through economies of scale. GFPT Group has policy to mitigate risks from foreign exchange rate volatility, which occurred from export sale and raw material importation by hedging forward contract from