Microsoft Word - OrKhorNor5-2549F.doc (Unofficial Translation) Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference

percent (35.0 percent in the year 2017). The gross margin was higher as the company could be controlled the volatility of raw material prices. In addition, the production and sales in this quarter decreased

recorded 22.25 million baht as losses from investment in an associated company and a jointly-controlled entity, which decreased by 12.18 million baht or 35.38%. Expenses: (Unit: Million Baht) Consolidated

Ventures PCL (IVL) Seller: PT. Indo-Rama Synthetics Tbk. (PTIRS) The majority shareholding of PTIRS is ultimately controlled and held for the benefit of Mr. Sri Prakash Lohia and his immediate family. Mr. SP

13,657 % Change 34.15 43.11 22.22 2.49 71.58 controlled the volatility of raw material prices. In addition, the production and sales in this quarter decreased the cost per unit. • Sales Expenses Q3/2018

Tbk. (“PTIRS”) The majority shareholding of PTIRS is ultimately controlled and held for the benefit of Mr. Sri Prakash Lohia and his immediate family. Mr. Sri Prakash Lohia is the President Commissioner

) (6.13) - (18.63) (18.63) Finance costs (30.84) (17.11) (62.68) (33.34) SHARE OF LOSS OF INVESTMENTS IN JOINTLY CONTROLLED ENTITIES ON EQUITY METHOD (0.11) (1.47) (0.12) (2.04) PROFIT (LOSS) BEFORE TAX

Company has implemented the measures to manage the risk from sales reduction by controlled and reduced the production cost including raw material, manpower and expenses, as well as reviewed the budget

and bills of exchange which will not only lead to lower finance cost but will also strengthen financial position. As a result, the Company’ s profitability will increase as well as more liquidity due to

redeem short-term debt in the form of bonds and bills of exchange which will not only lead to lower finance cost but will also strengthen financial position. As a result, the Company’ s profitability will