last year which was due primarily to a tax provision amounting to THB 69.5 million we took in connection with a tax proceedings involving our Nguyen Kim joint venture in the year ended December 31, 2018
was negatively impacted by unrealized consignment sales of Bt94 million (Table 3) and a backlog of orders of about Bt115 million at the end of the quarter. In addition, new prices that took effect in
the transaction The Company's Board of Directors took the view that the mai listing of CAZ will expand CAZ’s channels to raise funds and alleviate the Company's burden to provide financial support to
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
: International Tourist Arrivals to Thailand January-August 2019 , Ministry of Tourism & Sports). The Company was fully aware of the situation and took actions by implementing new strategies and marketing plans to
capacity and took advantage of our increased capacity to maximize production in anticipation of a strong sugar season. The fourth quarter was even stronger than forecasted with volumes up over 30% in
period last year (source: International Tourist Arrivals to Thailand April-June 2019, Ministry of Tourism & Sports). The Company was fully aware of the situation and took actions by implementing new
1% from the same period last year (source: International Tourist Arrivals to Thailand January-August 2 0 1 9 , Ministry of Tourism & Sports). The Company was fully aware of the situation and took
, Ministry of Tourism & Sports). Additionally, The Chinese government announced a ban on outbound group tours since 24 January 2020. The Company was fully aware of the situation and took actions by
63,393,825. Significant Events Amid sluggish in property market due to the tightening mortgage policy announced by Bank of Thailand took effect on 1 May 2019, neither cancellation nor rejection rate of the