Quarter 2018 MD&A 1 Indorama Ventures Public Company Ltd Management Discussion and Analysis 3rd Quarter 2018 Milestone Revenues and Earnings, Structural Improvements, Enhanced Portfolio and Geographic Reach
geographic location ____________________________________________ *The Company disposed 51% of investments in Delta Energy Systems (Switzerland) AG and Delta Electronics Industry LLC and 100% of investments in
caused more geographic diversification in revenue and increase Carabao’s brand awareness worldwide under the vision of “World Class Product, World Class Brand”. Apart from overseas sales under the
aggressive marketing strategy caused more geographic diversification in revenue and increase Carabao’s brand awareness worldwide under the vision of “World Class Product, World Class Brand”. Apart from
experience and success in managing the same technology while other entrepreneurs have insufficient experience in the same capacity system. In addition, the project is in a water shortage area due to geographic
enterprises customers, for example: the project of train tracking system development and cargo management of the State Railway of Thailand, the Project of Geographic Information Acquisition and Development for
18.6% during the period of Jan to Sep 2024 due to geographic diversification. Revenue from dealership business slightly increased due to strong revenue from Malaysia Dealership while revenue from
currently studying the opportunity to expand its luxury villa management business under Elite Havens brand in Europe and Australia to mitigate the geographic concentration risk; • Asset portfolio