million from telecommunication business, which is increased by Baht 335 million or 69% compared to the revenue of Baht 483 million for 2017. It results from the increase in revenue from the design and

contracts as Subcontractor such BangPa-Kong LNG Terminal Phase 3 project (Design, manufacture, and installation of liquid gas storage tanks) the contract value of 204.12 Million Baht, and Olefins

achieve Asset Full Potential. Indorama Ventures 1st Quarter 2020 MD&A 2 We took quick and decisive actions to align our production volumes in sync with demand for most of our products (such as hygiene

%, because the price of natural rubber, which is the main raw material for production, decreased. • Selling expenses decreased 2.46 million baht or 6.04 % due to higher operating efficiency and other expenses

than 35 percent of the seaweed production in China for the year 2017 which impact to all seaweed business around the world. In addition, the first two phase of production line at Rojana factory has been

the factories employee expense that couldn’t be used full capacity of production. หน้าที่ 2 จาก 5 (3) Gross profit In the Third Quarter Ended September 30, 2017, the Company and subsidiaries has total

currency exchange rate and an increase in the cost of goods sold. The higher cost of goods sold was due to an increase in the production of new high-technology products, such as the special grade PCB (HDI

, and the machineries for internal lacquer production. Total price of the transactions is 6,047,500 THB or percentage 1.43 of the Net Tangible Asset, which is greater than 0.03 percent and less than 3

and Y-o-Y due to the effect of a change in foreign currency exchange rate and an increase in the cost of goods sold. The higher cost of goods sold was due to a decrease in production capacity

% Change Production 504,458 516,879 -2.40% 1,065,945 1,056,569 0.89% Domestic 260,221 252,025 3.25% 523,770 489,118 7.08% Export 260,020 266,730 -2.52% 559,861 561,960 -0.37% Total vehicle production volume