genuine gross margin in 2017 was at 57.5% for the warehouse rental and service business which decreased from 69.0% last year, mainly due to change in product mix between Built-to-Suit and Ready-built

margin had accounted for the fair value adjustment of the acquired business according to the accounting standards under WHA level. However, the genuine gross margin during 3 months and 6 months ended the

driven by genuine consumer demands. Enterprise business rebounded with a better economic certainty. Non-mobile enterprise business reported a revenue of Bt1,520mn, growing 20% YoY and 14% QoQ, mainly from

areas such as Digital and Business Continuity to provide best in class support to our business segments. Our recent leadership re-organization, 16 distinct business verticals within 3 business segments

…………………………….… Seal (If any) Remarks : 1. The applicant may duplicate this application and fill in the content instead of using this form. 2. Signatures required in the genuine application form and documentary

…………………………….… Seal (If any) Remarks: 1. The applicant may duplicate this application and fill in the content instead of using this form. 2. Signatures required in the genuine application form and documentary evidences

business verticals. Indorama Ventures 1st Quarter 2020 MD&A 6 Fibers Our fibers segment is distributed into three distinct verticals which are Hygiene, Mobility and Lifestyle. Our product offerings are to

broadband market continued to expand with genuine demand for quality broadband at home but also faced intense competition from low-price packages starting at Bt299 offering throughout the year amid economic

Ventures 2nd Quarter 2019 MD&A 8 Following the successful launch of Mobility vertical we have reorganised the remaining Fibre business into two distinct verticals by reorganising 24 sites in 10countries into

%, respectively. This gross margin had accounted for the fair value adjustment of the acquired business according to the accounting standards under WHA level. However, the genuine gross margin in the second quarter