. 4Core EBITDA is Reported EBITDA less inventory gains/(losses) 5Core EPS is Reported EPS less inventory gains/(losses) less one-time extraordinary items Indorama Ventures 1st Quarter 2018 MD&A 3 Summary We

via active and inventory cost control in order to achieve economies or scales; and (ii) other cost management such as financing costs, insurance costs, working capital management, and organizational

| 2 Executive Summary In 2019, overall palm oil production and crude palm oil ( CPO) inventory remained high in both domestic and international market, although the inventory plunged to a minimum record

reduce some of the rental expense. In addition, the company invested in machinery and equipment for a new branch in Jiangsu, China. While current assets decreased by Baht 47.77 million, which most of it

maintenance for machinery and equipment after 10 years of operation and depreciation of machinery. The average capacity utilization rate in 2017 is 65.42%, close to 2016, at 65.79%. This is lower than the plan

sales of assets 18.31 Million Baht was 16.58 Million Baht or 954.28% increase from the last year due to a subsidiary company stop operation therefore, sales of machinery and equipment manufacturing. 2

at 88 Rama II Road (Thonburi – Paktor) Moo 2 Kalong Sub-district, Muang Samut Sakhon District, Samut Sakhon which is the property of Rich Asia Industry Company Limited as per certificate of machinery

https://publish.sec.or.th/nrs/8271p.doc แบบแสดงรายการข้อมูลการเสนอขายหลักทรัพย์ ownership (for example, land, building, factory and machinery), and the characteristics of ownership (if applicable). The

, or decrease of 1.6% from the same period of last year and decrease of 23.54% over the last quarter mainly due to the major breakdown of some machinery resulting in lower sales . 2. Cost of sales was

plant and machinery costs since the plant and machine had been completely established and installed for operation. 3. Business Operation of NWR3SBCC Joint Venture in Q3/2017 In Q3/2017, Revenue from the