. Integrated Surfactants business marginally impacted due to poor demand in oilfield sector though demand in Home & Personal care remain strong due to increase in hygiene awareness. Indorama Ventures 2nd Quarter
, particularly from large corporate and SME. However, the commercial banks remained cautious in lending as the loan quality continued to deteriorate especially SME loan. Overall NPL ratio increased marginally from
1.4% compared to 2018, with key contribution from revenue from rental and rendering of services which increased outstandingly by 16.1%, while revenue from sale of goods grew marginally by 0.7%, mainly
production volume positively. Volumes of production were marginally impacted by Hurricane Harvey. Although overall PET volume was negatively impacted by the de-consolidation of India the compa- ny’s JV, it
a fixed margin formula pricing in 2017 as discussed above. PET production was marginally lower, despite higher operating rates due to de-bottlenecking turnaround in China, mothballing of the Adana
strategic intent. Net interest income decreased slightly by 1.7 percent as a result of loan contraction and the net interest margin stood at 2.35 percent. Operating expense decreased marginally by 1.5 percent
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