Quarter 2018 MD&A 1 Indorama Ventures Public Company Ltd Management Discussion and Analysis 1st Quarter 2018 Best Performance Since IPO Core EBITDA of $326 million – 49% increase year-on-year Core
. Investment Business Investment Business is managed by 3 departments in which Phatra operates direct investment business, by Direct Investment Department (“DI”), with medium to long-term investment horizon
million and revenue from tender offer agent of Baht 98 million. Investment Business Investment Business is managed by 3 departments in which Phatra operates direct investment business, by Direct
underwriting fee amounting Baht 37 million. 1 Including SET and mai but excluding proprietary trading 14 Investment Business Investment Business is managed by 3 departments in which Phatra operates direct
proprietary trading 14 Investment Business Investment Business is managed by 3 departments in which Phatra operates direct investment business, by Direct Investment Department (“DI”), with medium to long-term
SET and mai but excluding proprietary trading 2 Including selling agent fee which receive from subsidiary company 13 Investment Business Investment Business is managed by 3 departments in which Phatra
advisory fee amounting Baht 10 million, underwriting fee amounting Baht 11 million and revenue from tender offer agent of Baht 44 million. Investment Business Investment Business is managed by 2
Manufacturing Co., Ltd. ("ACM") the new aluminum can production facilities, produced approximately 171 million cans or equivalent to 68% utilization rate in 2Q/2019, up from 50% utilization rate in 1Q/2019. The