aspirations Indorama Ventures 2nd Quarter 2018 MD&A 4 Portfolio Development We continue to upgrade our portfolio through organic growth, operational excellence initiatives, value accretive acquisitions and

million to THB 333.40 million or decreased THB 30.19 million or 8.30% due to the revenue of films’ rights distribution decreased. Cost of Production and Service / Expense of Sale and Management 1. Cost of

the same period last year due to the increased of machine repairing expense and legal & other consulting fees. In addition, the company has recognized doubtful account increased amount of 241.80million

in subsidiary - (25) 25 100.00 Loss on exchange rates (4,456) (2,971) (1,485) 49.98 Profit (loss) before finance cost and income tax expense 5,403 (4,952) 10,355 209.11 Finance cost (2,962) (485

decreased from THB 78.13 million to 42.29 million or decreased THB 35.84 million or 45.87% because there were less movies exhibition in the theatre than last year. 2. Selling and Service’s Expense Selling and

was 18 the same as last year. The second quarter in 2020, the company distribution costs and administrative expense 41.5 Million Baht and 56.7 Million Baht in 2019, compared with last year were

Operations – Driving organic growth by improving space utilization The Company focused on marketing communication activities and promotional campaigns, as well as and effectively utilized spaces in shopping

administrative expense was 145.44 million baht and bad debts and doubtful accounts expense was 63.57 million baht. The Total Assets was 50,880.93 million baht, the total liabilities was 43,209.91 million baht and

was 236.56 million baht, the selling and administrative expense was 138.03 million baht and bad debts and doubtful accounts expense was 29.56 million baht. The Total Assets was 48,976.18 million baht

236.56 million baht, the selling and administrative expense was 138.03 million baht and bad debts and doubtful accounts expense was 29.56 million baht. The Total Assets was 48,957.20 million baht, the