increase of gross profit compared with 3 month and six month period of the previous year. Cost of Sales Cost of sales in Q2 sees the increase in production. Even though the Baht have strengthened

production rate, its average crude run was at 112.67 thousand barrels per day. Furthermore, from the tumultuous disposition of crude oil price in the global market during the quarter, Dubai crude oil price

basis  Attractive and accretive production pipeline heading into 2019 Indorama Ventures 2nd Quarter 2018 MD&A 2 2Q 2018 Summary Financials Table 1: Core Financials of Consolidated Business Quarterly Last

by 6.2% Q-o-Q but declined by 10.2% Y-o-Y. The Q-o-Q sales growth was due mainly to an increase in production. In addition, there was a backlog of orders at the end of the quarter, and some shipments

in the production and has a direct effect on the determination of sale prices tended to decrease during the past year, resulting in a decrease in the average battery prices during the past 2 years

Land Lease Agreement (In the present, the Company has rented the factory area 750 square meters and office building 200 square meters 1/) for the production of adhesive and oil paint, which are the

%.  Revenue from production cosmetic products was THB 21.74 Million having decrease by 12.11%.  Revenue from network marketing business was THB 79.49 Million having growth by 77.74% The revenue of each

reduction due to microchip shortage which has negatively impacted total car production in Europe. The dealership business experienced lower sales both in Thailand and Malaysia compared to Q3 2020 mainly due

of cost of goods sold so cause gross loss. Total revenue decreased due to the decrease of sale volume and selling price. Sale volume decrease cause by production volume decrease. Both company and

consumption, production and export sectors in Thailand. There are various industries that have an impact on the production and supply chain from upstream to their downstream, such as electricity, electronics