registered Baht 31,620.24 Million at the end of Q2 2020, an increase of Baht 3,791.21 Million from the end of 2019. Net-Debt-to-Equity ratio according to the Company’s consolidated financial statement as of

: +662 661 6664 Indorama Ventures 1st Quarter 2020 MD&A 1 Executive Summary 1Q 2020 Financial Results • IVL achieved a core EBITDA of US$304M and an operating cash flow of US$340M, an increase quarter on

period ended 31 March 2018, and the information memorandum regarding an acquisition of assets, disclosed on 27 February 2018.) Performance Summary Total Revenues In 1Q18, Singha Estate reported

. IR60/ Subject: To : Pursuant t resolution subsidiarie the Compa Overview The perfor the conso increase f 32.9%. An purchase 198.0 milli month end has highe Company Revenues Services inco collection and

Discussion & Analysis Page 4/6 Financial Position Balance Sheet Balance Sheet Breakdown As of 30 June 2020, the Company had total assets of THB 26,854 million, an increase of THB 2,530 million (or +10.4%) from

income surged significantly, especially the 19% increase in bad debt recovery. However, this year the Company will focus on fee-based income expansion. Revenues Structure Profit and Loss Statement Unit

management costs and increase efficiency in business management, including salary payroll, bulk payment for retail fund transfer to another bank, bill payment for products and services via the bank and direct

expiry, gain on sale of assets, revenue from concession, rental area and etc. However, for this quarter, an increase in other revenues was mainly derived from gain on sale of assets, revenue from

Department (RID) has been dredging Nongkho reservoir to increase the capacity, therefore; the company must transfer water from Prasae reservoir to Chonburi area. 2) Raw water cost increased from purchasing raw

Baht 2,080.0 million, or 17.0% from Baht 12,201.4 million as at 31 December 2019. The increase was mainly due to the adoption of TFRS 16 since 1 January 2020, which resulted in higher assets by Baht