6,729 6,486 243 3.7% Gross Profit 895 813 82 10.1% Gross Profit Margin (%) 11.7% 11.1% 0.6% SG&A Expenses 457 456 1 0.2% EBIT before share of profit (loss) from Investment in Associates and Joint Venture

revenues from sales in quarter 2/2018 (“Q2/2018”) of Baht 233.94 million, a year-on-year growth of Baht 115.02 million or 96.72% mainly attributable to consistent orders continuously from Q1/2018 of a new

January 9th, 2020 To : Managing Director The Stock Exchange of Thailand Re : The acquisition of investment in Vibharam Co.,Ltd.’s new ordinary shares, and elder ordinary share which purchases from

year while demand for mobile data nearly doubled YoY to 6.7GB/data sub/month from video streaming and increased 4G handset penetration (46%). To compete for quality subscribers who bring growth in data

growth plans Indorama Ventures 1st Quarter 2018 MD&A 4 Portfolio Development We continue to upgrade our portfolio through organic growth, operational excellence initiatives, value accretive acquisitions

services volume of the two main airports, Suvarnabhumi (BKK) and Don Mueang (DMK) have a total growth rate of 1.6%(y-o-y) to 5,747 million liters while the total flights which services by BAFS grew by 3.0%(y

& Calpis grew 2.7% YoY. Total Personal care continued its momentum with 11.5% growth YoY, with 42.8% growth in CLM markets. International business grew 1.5% at constant FX rate, driven by Myanmar growth

38.99 35.09 (3.90) -10.00% Income tax 31.97 37.04 5.07 15.86% Net profit 82.54 139.02 56.48 68.43% Net profit Ratio (ROS) 15.36% 19.92% Earnings per share (Baht) 0.21 0.26 0.05 22.59% Total Revenue For

products as well as growth from some exiting products. Domestic branded was quite maintained.  Net profit in Q1/2018 was Baht 9 million, a decrease of 92% YoY due to 1) lower sales contribution of export

inform that it has through its indirect subsidiary Indorama Netherlands B.V. signed a definitive share purchase agreement on August 11th, 2017, to acquire a 100% stake in the tire cord business of