recognized their responsibilities as the directors of public company in carrying out their duties toward the shareholders, employees, and all stakeholders, in accordance with good corporate governance
expenses of Baht 2,523 million were recognized for the provision of post-employment benefits for the compensation in lieu of notice in the case of retirement of employees according to the new Labor
construction revenue which is recognized based on the percentage of completion of our hydro power projects in Lao PDR, namely Nam Che. ABBREVIATION & OUR PROJECTSEXECUTIVE SUMMARY FINANCIAL PERFORMANCE FINANCIAL
and service income decreased 14.0% y-on-y and 40.6% q-on-q (Baht 398 million in 6M’2018 / Baht 148 million in Q2’2018), primarily due to a record of construction revenue which is recognized based on the
shutdown in June 2019. Due to dramatically decreasing of palm oil price from 22.00 Baht/kg at end of 2Q/2019 at to 15.25 Baht/kg in mid of July 2019, the company recognized Stock Loss & NRV of THB -86
million in 9M19 increased by 66.7% yoy from investing in Elite Havens in late 3Q2018. • Loss sharing from investments The Company recognized loss sharing from investments in hotel management business of
280 million in 9M19 increased by 66.7 % yoy from investing in Elite Havens in late 3Q2018. Loss sharing from investments The Company recognized loss sharing from investments in hotel management
with a bench of leaders and talent management systems that is recognized as best-in-class. Indorama Ventures 1st Quarter 2020 MD&A 8 Forward-looking Statements The statements included herein contain
; Protective face masks are provided to crew members and ground service staff to wear when on duty. Airport Business 1. Samui Airport has been recognized as the world’s most on-time airport in the small airports
the “FTSE4Good Index Series” announced by FTSE Russell which designed to identify companies that demonstrate strong environment, social and governance practices measured against globally recognized