ventures which are on construction period. And will start to recognize revenue in 2020 onwards, which will make the Group profitable in the future. IV Finance Costs Comprising interests from bank loans
expected to be profitable in the near future. Please be informed accordingly, Sincerely yours, Mr.Vee Worasakyotin Managing director
expected to have a better performance and be profitable in the near future. Please be informed accordingly. Sincerely yours, Mr. Nipit Arunvongse Na Ayudhya Acting Managing director
condition which drove higher competition in the market, resulting in cancelation of our cement powder transportation as it is evaluated to be non-profitable. The company adjusts its strategy and shareholder
Verita has the ability to perform business which will be profitable in the future and can be used for loan repayment. For another 2 borrowers, BBW and DDAT who are not connected persons, the Company has an
was able to turn profitable for the full-year operations in 2020. Demand for automotive parts continues to recover both locally and globally starting from the end of Q3 2020 and this momentum continues
projects underway which are not yet completed and have not yet started contributing to the earnings of IVL. Forward-looking Statements The statements included herein contain “forward-looking statements” of
not yet started contributing to the earnings of IVL. Forward-looking Statements The statements included herein contain “forward-looking statements” of Indorama Ventures Public Company Limited (the
EBITDA every 5 years. Indorama Ventures 1st Quarter 2019 MD&A 11 Forward-looking Statements The statements included herein contain “forward-looking statements” of Indorama Ventures Public Company Limited