situations. Another factor of economic slowdown was the drought directly affecting agricultural products as well as their decreasing prices, causing the decrease of the domestic market’s main purchasing power

increase of THB 38mn or 0.5% from THB 7,985mn as of 31 March 2017. Total current assets were THB 2,171mn, decreasing by 16.9% or THB 441mn, primarily due to 1) a decrease in cash & cash equivalents and short

increase of THB 380mn or 23.3% from THB 1,631mn as of 31 December 2016. Total current assets were THB 668mn, decreasing by 21.2% or THB 180mn. This was primarily attributable to the decrease in cash, cash

83mn, decreasing by 21.7% or THB 23mn, mainly due to lower revenue from Bangkok Smartcard System Co., Ltd.’s system and project management fees. The growth in the operating business is also reflected in

total revenue or THB 80mn, decreasing by 17.2% YoY or THB 17mn, mainly due to a decrease in project management fees. Revenue growth was also accompanied by an increase in cost of sales which came to THB

, the Company P a g e | 8 - Management Discussion and Analysis 1Q2020 - had EBITDA of THB 301 million, improved by THB 299 million from the same quarter of last year. However, the decreasing of CPO and

as of December 31, 2017 stood at THB 2,011 million, an increase of THB 380 million or 23.3% from THB 1,631 million as of December 31, 2016. Total current assets were THB 668 million, decreasing by 21.2

February 28, 2022, the total consolidated revenues were 20,791 million baht, decreasing of 510 million baht or 2% y-y. The decreased in revenues was a result of overseas operating result that were affected

Huvis Global Corporation, South Korea on June 18, 2018 to form a 50:50 joint venture limited liability company in USA, by the name of Huvis Indorama Advanced Materials, LLC. (“HIAM”). HIAM will

entered into a Joint Venture Agreement with Toyobo Co., Ltd. (“Toyobo”), Japan, on October 23, 2020 to form a 50:50 joint venture limited liability company in Thailand (the “JV”). The JV plans to build a