Baht 479 million of last year-end, or equivalent to 2.37% decreased. This was due to lower inventory purchased volume in accordance with sales forecast volume during the last quarter of 2017. Liabilities
capital. The key success factors of this business depend on the inventory management, the logistic systems that meet the clients’ needs in time, cost of capital, receivables management and sales revenue
tally with consolidated financials due to holding segment. 3Core EBITDA is Reported EBITDA less Inventory gains/(losses). 4Core Net Profit is Reported Net Profit less Inventory gains/(losses) and one-time
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
may not always tally with consolidated financials due to holding segment. 3Core EBITDA is Reported EBITDA less Inventory gains/(losses). 4Core Net Profit is Reported Net Profit less Inventory gains
Reported EBITDA less Inventory gains/(losses). 4Core Net Profit is Reported Net Profit less Inventory gains/(losses) and one-time extraordinary items. 5Operating Cash Flow is after change in net working
goods inventory in which accounted to THB 216. 6 MB and THB 501.8 MB respectively or equivalent to 34.6% and 39.1% of the total assets. Secondly, cash and cash equivalents as of year-end 2016 and 2017
, 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
number of treasury stock The Corporate Group’s total assets as at December 31, 2018 increased from the end of year 2017 by Baht 120.55 million or 4 percent, due to the net increase in inventory of Baht
. 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