tax, before maintenance capex Indorama Ventures 1st Quarter 2019 MD&A 3 Summary In 1Q19, IVL achieved an aggregate production of 3 million tons, with operating rate of 85%. Our core EBITDA was $304
increasing in production capacity. 3. Selling expenses For the year end of 2019, the selling expenses was 13.28 million baht or 3.27% from sale revenue compare to 11.38 million baht with is higher in the same
decrease in gross profit margin was due to the depreciation of the U.S. dollar currency and an increase of the fixed cost per unit of products produced at Laem Chabang factory while the production decreased
production in 2017. The Company has crushed cane in 2017, 6.83 million tons compare to 7.61 million tons in 2016 or 10% less. As a result, Thailand sugar business had higher cane cost and higher sugar
stability of VCM production, and more balance of ECH market. Analysis of Cost and Expenses 1. In Q1 2018, Cost of sales was 4,159 MTHB, increased by 485 MTHB comparing to 2017 or 13.2% due to the increase of
holders of the Company of THB 18.14 million, which represent an increase of THB 8.71 million or 92.26 per cent, compared to the same quarter in 2016. The main results are as follows: 1. For the Consolidated
Administrative expenses. In Q2/2017 the Company recorded only the Baht 0.27 million temporary shutdown expenses in a part of Administrative expenses. In Q2/2017, after moving the production equipment to
. In Q3/2017 the Company recorded only the Baht 0.26 million temporary shutdown expenses in a part of Administrative expenses. After moving the production equipment to Prachinburi plant and utilizing the
gross margin to sales decreased by 3.6 percent mainly from the seaweed cost increase by more than 20% as the quantity of seaweed production in China in the production cycle of the year 2017 decreased by