long term loan for construction and working capital. (7) Share of profit (loss) from investment in associated company and joint ventures In the first quarter of 2019, the Company recognized the profit

businesses were offset by lower results from associates and joint ventures, largely due to shared loss from SGAH related to operational inefficiency which will be gradually improved. In Q1 2018, the Company

Indorama Ventures Public Company Limited 75/102 Ocean Tower 2, 37th Floor, Sukhumvit 19 (Wattana), Asoke Road, Klongtoey Nuer, Wattana, Bangkok 10110, Thailand Tel : +66(0)2 661 6661 Fax : +66(0)2

to 167.01 million baht in Q2/2018 mainly from expenses in legal cases. - Share of gain from investments in joint ventures in Q2/2019 amounted 37.07 million baht compared to 195.10 million baht in Q2

7.99% compared to 142.57 million baht in Q1/2017 mainly from employee expenses. - Share of gain from investments in joint ventures in Q1/2018 amounted 135.53 million baht while there was loss amounted

OF PROFIT (LOSS) OF INVESTMENT IN JOINT VENTURES (2.79) (2.58) (7.19) 10.28 INCOME (LOSS) BEFORE TAX (99.85) 234.41 (3.47) 536.37 INCOME TAX INCOME (EXPENSE) 0.35 (23.66) 0.74 (13.01) NET PROFIT (LOSS

Geothermal (Salak – Darajat) B.V. (SEGSD) (3) Joint Ventures which can be categorized into 2 businesses: 1. Power Generation 1.1 Local power generation Gulf Electric Public Company Limited (GEC) Holding Co

slightly decreased by 1.46 million baht or 0.87% compared to 168.47 million baht in Q2/2017. - Share of gain from investments in joint ventures in Q2/2018 amounted 198.09 million baht while there was loss

28.21 million. The Company had already recognized doubtful debt for this amount in full. 3.4 Details of Share of profit (loss) from investments in associates and joint ventures are as follows: Name

) (3.62) (57.77) (3.65) SHARE OF PROFIT (LOSS) OF INVESTMENT IN JOINT VENTURES (0.66) (2.11) (7.84) 8.17 INCOME (LOSS) BEFORE TAX (62.94) 120.57 (66.41) 656.94 INCOME TAX INCOME (EXPENSE) 0.29 (7.05) 1.03