Ventures 2nd Quarter 2018 MD&A 1 Indorama Ventures Public Company Ltd Management Discussion and Analysis 2nd Quarter 2018 Structural Improvements Driving Earnings Momentum 2Q18 Core EBITDA up 63% YoY, 1H18
% (2,766.3) (3,674.1) 32.8% Gross profit 496.5 463.7 464.1 0.1% (6.5%) 1,401.5 1,399.4 (0.1%) Net gain (loss) on exchange rate 83.6 86.7 113.7 31.1% 36.0% 169.6 195.8 15.4% Gain (loss) on forward contracts 6.0
million, compared with QoQ. Earnings per share presented at Baht 0.31. In the six-month period of 2017, the Company reported consolidated revenues of Baht 1,014.4 million, increased by 22.3% compared with
unrealized loss related to foreign currency exchange. Net profit attributable to equity holders improved significantly by 24.3% compared to last year, driven by increased earnings of operations attributable to
% Gain / (Loss) on Foreign Exchange (7,005) (10,201) 3,196 (31.33%) In overall, the Company and its subsidiaries had a net profit in Q2/2020 of 30 . 6 MB with increase of 2.4 MB or 8.46 percent, when
in the amount 0.2 MB or 25.6 percent (1.1 MB. in Q1/2019). Gain (Loss) on Foreign Exchange Q1/2020, the Company and its subsidiaries had the gain on foreign exchange 10.9 MB which increased from Q1
excluded 1) Foreign Exchange Gain (Loss), and 2) One-Time (Gain) Loss items. Revenue from Sales and Services In 2018, Revenue from Sales and Services was Baht 1,708.3 million, a 4.6% increase from Baht
%. SG&A in terms of % to revenue improved from 6.1% in 1H 2022 to 5.7% in 1H 2023. Core Operating Profit (defined as Earnings before Interests and Taxes exclude interest income, gain (loss) on exchange
17.58% 12.45 (317.64) 330.09 103.92% Non-operating income/expense Loss in impairment of assets (45.43) (124.62) 79.18 63.54% (Gain)/Loss from impairment of investment - (69.87) 69.87 100.00% (Gain)/Loss
recognized as an adjustment to retained earnings as at January 1,2020. The Company announced Q1/2020 Performance with Baht 699 million of Net Profit which decreased by 78.5% from Baht 3,247 million of Q1/2019