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increased due to the fact that the company could offer more product variety to serve demands of both local and foreign customers. 2. Sales cost to revenue ratio increased by 5.29% (from 88.84% to 94.13%) due
previous projected at 2.8% growth to a 5.3% contraction due to the fact that COVID-19 outbreak severely affected both external and domestic demand particularly the tourism and exporting sector which sharply
increased due to the fact that the company could offer more product variety to serve demands of both local and foreign customers which leads to higher sales quantity. Sales price also increased compared to
$ 17 million had there been no unplanned shutdowns. Going forward, expected increase in PTA and PET capacities are likey to be absorbed in line with ongoing demand growth (expansion in PTA demand due to
possibility of integration Figure 3: Margins and Returns 6 into its existing businesses. The combination of a strong local company with recognized products and deep insights into the market with IVL’s global
deployment strategies. All of this is in line with our imperatives towards becoming a world-class, well-diversified, growth-oriented global chemicals Company. Going forward, each of our segments necessitates
growth aspiration. Domestic Expansion CPN has announced the plan to develop 3 new Mixed-used projects under the concept of ‘Magnifying Local Essence’ in pioneering new economic cities comprising Ayutthaya