million liters of Q1/2017. * Note: Total Flights was data of flights that serviced by BAFS only at BKK and DMK Growth (y-o-y) Aviation Refuelling Services Business : Aviation Fuel Volume (million litres

rental space business did not grow much compared to the market growth. Therefore, the Company has focused on cost reduction as well as diversifying the business groups of the Company to increase revenue

of Shareholders No. 1/2020. 6. The Board of Directors approved the capital increment and set investment priority in PChome (Thailand) Co., Ltd. for the purpose of future business expansion which

hires supporting business expansion, (3) increase in professional fees, and (4) increase in accounting and audit fees both in Thailand and overseas, while the Company had reduced legal fees and unrealized

key management positions and business strategies in order to enhance efficiency and growth. Under new structure, UWC shifted the focus from less competent business such as renewable energy to Steel

changing in many key management positions and business strategies in order to enhance efficiency and growth. Under new structure, UWC shifted the focus from less competent business such as renewable energy

Indorama Ventures 1st Quarter 2018 MD&A 2 1Q 2018 Summary Financials Table 1: Core Financials of Consolidated Business Quarterly Last Twelve Months $m 1Q18 4Q17 1Q17 1Q18 YoY LTM 1Q18 LTM 1Q17 LTM YoY

representation or warranty of any type whatsoever on the accuracy or completeness of the information contained herein. หนา้ 1 1. Executive Summary The overall business operation of the company in 2019 is

Office]: (1) a mutual fund management company [according to the Securities and Exchange Act B.E. 2535 (1992)] having been operating such business; or (2) a company incorporated under Thai law besides the

every business segment.  In Q4/2018, the Company and its subsidiaries recorded loss of Baht 143 million, including 2 one-time expenses which were non-cash items, totaling Baht 51 million including higher