Project of State Railway of Thailand , etc. -2- The total operating expenses in 2021 increased from 2020 at a lower rate than the increased rate in revenue. Mostly because the project's gross margin in 2021
cost. EBITDA in 3Q22 was Bt22,091mn dropped -3.5%YoY mostly from resumed marketing spending and surging network OPEX due to higher utility price and network expansion. It dropped -1.2% QoQ due to core
to Total Revenue in Q4/2022 was 16.7%, improved from 20.7% in Q4/2021 mainly due to the increase sales revenue at a higher proportion than the increase in administrative expenses which are mostly fixed
2018 (2017: 87%). Indorama Ventures 2018 MD&A 14 4Q18 production was 133 thousand tons compared to 120 thousand tons in 3Q18, an 11% increase, primarily due to 12 days unplanned outage at EO-EG plant
primarily comply with its rules or the rules of the securities regulator of such recognized country (home regulators). Clause 7 In case of any of the following circumstances, the Stock Exchange of Thailand
with the loan agreement, including all risk insurance for construction, third-party liability insurance, and delay start-up insurance. The costs incurred as a result of the collapse are primarily the
growth YoY). The negative organic volume growth reflects a planned volume reduction to reduce inventories in PET. Inorganic growth was primarily driven by PET and Fibers acquisitions in India. IVL reported
season. The Company’s management has primarily evaluated and forecasted that it would take at least 5 to 6 months for the tourism sector to slowly recover. The sign of recovery is expected to be evident at