-recurring revenue. As a result of consolidation, non-recurring revenue increased by 37.97mb or 33.8% increase year-on-year. Recurring revenue from Financial Solutions increasing by 4.35mb or 7.0% but offset

weighted in non-recurring revenue. As a result of consolidation, non-recurring revenue increased by 17.72mb or 35.5%, reversing from a dip in non-recurring revenue in previous quarters. Recurring revenue

Profit We had a slightly improved gross profit margin of 46.4% from 46.2% in 1H 2019 and achieved a gross profit of 164.91mb (1H 2019: 126.54mb) , an increase of 38.37mb or 30.3% . TigerSoft contributed

revenue. Gross Profit As a result of cost of services growing at a slower rate than the growth in revenue, we achieved a gross profit of 85.50mb (Q1 2019: 59.13mb) , an increase of 26.37mb or 44.6% . W e h

2017 PERFORMANCE ANALYSIS (YoY) In 3Q 2017, the Company once again achieved an outstanding top and bottom line performance compared to the same quarter last year supported by; 1) The consolidation of

advertising and marketing tools. 2018 was another all-time high financial record for MACO – a culmination of 4 consecutive years of record-breaking achievement – having achieved revenue and net profit of

maintenance capex Indorama Ventures 1st Quarter 2019 MD&A 3 Summary In 1Q19, IVL achieved an aggregate production of 3 million tons, with operating rate of 87%. Our core EBITDA was $304 million. The core

tax, before maintenance capex Indorama Ventures 1st Quarter 2019 MD&A 3 Summary In 1Q19, IVL achieved an aggregate production of 3 million tons, with operating rate of 85%. Our core EBITDA was $304

joint venture in the micro-loan business, achieved a total outstanding loan balance of THB 1,529mn. The second quarter of 2018/19 (ended 30 September 2018) 3 VGi GLOBAL MEDIA PLC MANAGEMENT DISCUSSION

achieved strong earnings, a growth of 49% in core EBIDTA or $749 mil- lion which is on track to deliver over $1 Billion in annual EBITDA in 2017, the first time in the history of the Company. The strong