to identify firms that have deviated from their normal valuation levels and firms that are overvalued or undervalued relative to their peers. A higher PE ratio reflects greater expected future gains
business expansion. Earnings before interest, tax, depreciation and amortization (EBITDA) EBITDA was THB 465 million in 1Q18, an increase of 40.1% yoy, mainly due to the increase in hotel business
to the following significant factors : 1. Net investment income, gain on investment and fair value gains totally amounted to Baht 22.53 million, a decreased of Baht 7.69 million or 25.5%, because the
has risen by 25.6%, but net earned premium has only gained 12.1%. This is because long-term insurance policies contributed to a certain portion of sales growth. Earning those premiums in a given period
, registering a growth of 45% QoQ and 21% YoY), positive contract adjustments and inventory gains Our company-wide cost and business transformation, Project Olympus, yielded US$67M during the quarter, on track
: +662 661 6664 1 3Q19 IVL Performance Summary IVL reported 3.3 mmt of production volume (5% organic and 18% inorganic growth yoy). Organic growth reinforces the demand growth in our business. Inorganic
. 4Core EBITDA is Reported EBITDA less inventory gains/(losses) 5Core EPS is Reported EPS less inventory gains/(losses) less one-time extraordinary items Indorama Ventures 1st Quarter 2018 MD&A 3 Summary We
6661 Fax: +662 661 6664 1 2019 IVL Performance Summary IVL registered volume growth of 18% in 2019 driven mainly by inorganic expansion. Industry-wide spreads declined to historical lows in 2019, leading
Reported EPS less Inventory gains/(losses) less one-time extraordinary items Indorama Ventures 3rd Quarter 2018 MD&A 3 Financial Highlights IVL continued its strong performance in 3Q 2018, with growth in
olefin businesses serving our EG integration and importantly our diversification in growth businesses of surfactants, green fuels and urethanes is reaffirmed, and has allowed us to diversify our portfolio