virtual integration with its key feedstock supplier of Purified Terephthalic Acid (PTA). This acquisition in Brazil is in line with the Company’s strategy to further extend its market position, and expand
regulators from ASEAN countries whose primary task is to promote greater integration and connectivity of regional capital markets. One of the key initiatives by the ACMF is the development of sustainable asset
Egypt and EMEA includes Portugal in 2023 Americas EMEA Asia 51 41 56 Sites Sites Sites 5 20 10 Countries Countries Countries 50% 22% 29% Revenue Revenue Revenue Leading position in attractive and growing
Rationale • Deepens the Bank’s presence in Indonesia, the largest ASEAN economy with GDP of US$1.04 trillion3 and 267 million population with young working age population, growing middle and upper income
increased by 74.2% YoY to THB 2,954mn o Advertising revenue increased by 28.9% YoY to THB 1,358mn o System integration services revenue increased by 148.5% YoY to THB 1,596mn Ongoing revenue recognition
changes, whereby urban population nowadays tend to spend more time outside their homes; the rapid increase of the number of Internet users; and the growing recognition of these media as effective
investments made in the higher-margins HVA businesses, integration into key feedstocks in balanced markets and timely investments in key geographies. These have resulted in a structural change in the earnings
feedstock in North America, an advantaged cost base that gives the region an edge over Asian peers. Asian integrated margins are on naphtha feedstock, whereas IVL has been able to create integration using the
690mn o Advertising revenue decreased by 0.8% YoY to THB 262mn o System integration services revenue was recorded at THB 428mn EBITDA increased by 14.7% to THB 115mn Net profit excluding minority
, diversified and steady cash flows, growing with a combined EBITDA of 18% YoY and 44% LTM 2Q19. The Integrated Oxides & Derivatives segment was negatively impacted by the extended shutdown into 2Q19 following