equity method was applied as of 31 December 2017. Please be informed accordingly. Sincerely yours, - Signature - (Mrs.Pimporn Chotirattanakul) Managing Director 1 /8 ( ) Union Textile Industries Public
automotive pipes. This is also due to better production efficiency along the year. The profit before interest and tax increased by Baht 61.74 million whereas corporate tax increased by 13.63 million, financial
Consolidated Business USD in Mill ions 2Q17 1Q17 2Q16 2Q17 YoY% LTM2Q17 LTM2Q16 (R) LTM YoY% Total Production (in '000 tonnes) 2,223 2,188 2,319 (4)% 9,056 7,666 18% (1) Consolidated Sales 2,089 2,041 1,889 11
warrants exercise LTM 3Q18 Operating Cash Flow of $1,037 million Net Operating D/E ratio 0.53x; Rating Upgrade to AA- with “Stable Outlook” 2019 Guidance reaffirmed; attractive and accretive production
equivalent to 60.9% of total sales, lower than Q2’2016, which had total cost of sales 62.7% of total sales due to efficient cost management and higher cost efficiency from better utilization of production
Fluctuations in exchange rates and the production volumes have drastically reduced, as a result, increasing of the unit of fix-cost production Sales Expenses Q3/2017, the Company and its subsidiaries have the
in industry situation, the company still maintained the market leader position and partly from the fire incident at UHT production line, which was fully covered by insurance for properties damaged and
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prices (sweet corn), canned prices, which are an important proportion of costs. and the production volume was lower than the same quarter of the previous year. Gross profit The company has gross profit of
basis Attractive and accretive production pipeline heading into 2019 Indorama Ventures 2nd Quarter 2018 MD&A 2 2Q 2018 Summary Financials Table 1: Core Financials of Consolidated Business Quarterly Last