6661 Fax: +662 661 6664 Indorama Ventures 2018 MD&A 1 Indorama Ventures Public Company Ltd Management Discussion and Analysis For the year ended December 31, 2018 Milestone Revenues and Earnings
) (112) -102% Profit attributable to owners of the Company 1,174 993 1,316 12% 33% 3,855 4,393 14% Basic earnings per share (Baht) 0.85 0.72 0.96 2.80 3.19 Note: 1/ EBITDA from Refinery Business of the
contract deliver ownership to the Ministry of Finance. : No. 1/2017 dated 8 September 2018 issue by Ministry of Finance By the Phuket Treasury Department allow to use of state property No. Por kor. 153 area
Company. It operates the business of large theater that applies Thai cultures and arts to the state-of- the-art light and sound technology and hi-tech performances. It is located next to Kamala Beach on the
earnings (EBITDA). Shareholders, including the majority shareholders, expressed their faith in the performance and future prospects of the Company and subscribed, in large numbers, to the warrants (IVL-W1
percent) 4 3.3 Earnings per Share Dilution Earnings per share dilution can be calculated by using a formula as follows; Earnings per Share Dilution) = (Earnings per Share before private placement
………………..Baht Information updated until (date)…………………………………………. 2. Information in detail for supplementing the consideration. 2.1 The business operation of the applicant is under the supervision of the State or
the supervision of the State or the agency authorized to supervise derivatives trading as: □ being licensed to be a derivatives dealer; □ having been registered to be a derivatives dealer; □ being
which mainly increased from new customers in segment of insurance, retail business and increased from the existing customers expanding the services both of the State enterprise sector and Private sector