ยการท่ีไม่ใช่เงินสด (non-cash items) เช่น ค่าเส่ือมราคา (depreciation) หรือ ค่าตดัจ าหน่าย (amortization) เป็นตน้2 (7) รายการพิเศษ (extraordinary items) และรายการไม่ปกติ (non-recurring items) (8) อ่ืน ๆ (9

strongly, especially on a same-store basis that continues to grow together with cost effective management. Excluding the non-recurring items, total revenue increased 9.0% YoY and net profit increased 7.4

PowerPoint Presentation THE INNOVATIVE POWER FLAGSHIP OF PTT GROUP MANAGEMENT DISCUSSION & ANALYSIS MD&A Q1/2020 PAGE 1 MANAGEMENT DISCUSSION & ANALYSIS (MD&A) Q1/2020 After fully completed the acquisition of Glow Energy Public Company Limited (“GLOW”) in December 2019, the Company holds 99.83 percent of GLOW's total issued and sold shares, therefore in Q1/2020, the company recognizes the full operating results from GLOW, together with the investment projects and projects that have been opened f...

. The rating reflects the company’s position as the second largest private power producer in Thailand, highly predictable cash flow from i ts long-term power purchase agreements (PPA) with the Electricity

679.50 million baht (based on 46.00% of GS's issued and paid-up capital). New recurring income opportunities come from the company's regular business. The value of the investment. Does not affect the

NRED is Baht 177,121,770. NRED shall make payment by cash of totaling Baht 177,121,770. Conditions precedent under Joint Venture Agreement 1. The parties comply with their representations and warranty

revenue and profit base predicated upon the existing plan. 9. Source of Funds The funds used from the cash flow from business operation. 10. Conditions Precedent None. 11. Opinions of the Board of Directors

able to expand its revenue and profit base predicated upon the existing plan. 9. Source of Funds The funds used from the cash flow from business operation. 10. Conditions Precedent None. 11. Opinions of

$819 million, up 33% YoY  Earnings Per Share of THB 4.61, +16% YoY  Operating Cash Flow of $1.0 billion  2019 Earnings Guidance reaffirmed Indorama Ventures 2018 MD&A 2 2018 Summary Financials Table 1

and near market value Payment term By cash with 180 days of credit term The reason To reduce the idle equipments in order to create maximum benefits for the Company and its subsidiary, CCET sold the old