% growth in the previous quarter, as a result of private consumption and public investment showed contraction while export of goods, private investment and government expenditure expansion. In addition, the
branch expansion and branch renovation to attract customers. For branch expansion, the Company focused on opening new branches in large shopping malls and major cities. While for branch renovation, the
including the Company. Nevertheless, the Company has continued to undertake branch expansion and branch renovation to attract customers. For branch expansion, the Company focused on opening new branches in
income surged significantly, especially the 19% increase in bad debt recovery. However, this year the Company will focus on fee-based income expansion. Revenues Structure Profit and Loss Statement Unit
experienced moderate growth amid global economic uncertainty, driven by the expansion of private consumption and tourism sectors, while the purchasing power of the grassroots consumer remained challenging. AIS
Cash Flow is after change in net working capital and cash tax, before maintenance capex Indorama Ventures 2018 MD&A 3 FY 2018/4Q 2018 Performance Highlights FY18 core EBITDA increased by 44% YoY to
into this transaction is consistent with the strategic plan in the business operation of the Company, which emphasizes on investment expansion in line with the strategy aiming at growth alongside the PTT
affected the total marketing margin, and the increasing investment in Non-Oil businesses; which is in the developing phase of its infrastructure and location expansion, thus incurring high Selling, General
volume growth. There were an expansion of service station locations, the number of service station as of the end of 2018 was 1,175 locations, with 74 new service stations. The company has also rebranded
superior from last year from the expansion both in terms of trading volume and new trade partners. Oil trading performance however, softened marginally from the previous quarter, due to the apprehension