: +662 661 6664 Indorama Ventures 2nd Quarter 2020 MD&A 1 Executive Summary 2Q 2020 Financial Results • IVL achieved a core EBITDA of US$305M and an operating cash flow of US$300M. Core net profit grew to

MD&A - EN Report (Presentation) (1) 3Q24 MD&A Advanced Info Service Plc. 1 Executive Summary Sustaining core business growth alongside economic stability 3Q24 showed a modest growth in the Thai

strategy has a core principle in reliability, availability, and efficiency of electricity plant management in order to minimize manufacturing and maintenance cost. • The second synergy is increasing

transportation costs, food quality improvement, as a result of profit margin in 2017 totalled Baht 933.44 million dropped from 2016 amount of Baht 120.66 million or 11.45% and gross profit margin decreased from

. The amount increases were mainly driven by the rise in personnel expenses, rental cost, cost of services to customers, cost of transportation, and maintenance cost. However, SG&A as a percentage of

, transportation, selling and marketing expenses. 3 / 4 2. Financial performance by segment. 2.1 Revenue by segment Unit: million baht for 3-month period ended March Detail 2018 2017 diff % Processing and packaging

29.41 million decreasing from last year 41.48%. 3) Selling expenses decreasing from last year amounting of Baht 3.66 million or 17.90% due to local transportation charge and local selling promotion

gain on sales fixed asset Baht 1.46 million. 4) Selling expenses decreasing from last year amounting of Baht 9.74 million or 12.02% due to local transportation charge decreased Baht 9.53 million. 5) The

selling through agents was higher, transportation cost for distribution in both domestic and international market, sales promotion expense for exhibition In Philippine. All cost of distributions is incurred

was 6.61 million Baht, increasing from the same period of previous year which had a selling and administrative expenses of 6.0'l million Baht, mainly due to the higher export and transportation expenses