Huvis Global Corporation, South Korea on June 18, 2018 to form a 50:50 joint venture limited liability company in USA, by the name of Huvis Indorama Advanced Materials, LLC. (“HIAM”). HIAM will
baht in Quarter 2/2017 increased by 3.09 million baht or (1.34%) because the cost of sales and services were increased because some raw materials are a little bit increased. The sales expenses amount
the cost of sales and services were increased because some raw materials are a little bit increased. The sales expenses amount 33.96 million baht in Quarter 2/2019 compared to Quarter 2/2018 amount
of raw materials, especially electrical parts, resulted in higher cost of raw materials. These have adversely affected the company’s sales revenues and profit. Sales revenues of this quarter amounting
the manufacture of packaging materials under Asia Packaging Manufacturing company limited (“APM”) which is also expected to start operation in 4Q/2020, to have control over the supply chain and sustain
power plant project with installation capacity 7.5 MW of Prize of Wood Green Energy in Narathiwat Province which this project is held 99.99 percent of total shares by SAFE. The Company could start gaining
materials Copper, Copper Foil, Laminate and Fiberglass, as well as the appreciation of the THB. Despite the increase in raw material prices and the THB’s strengthening, an increase in capacity and efficiency
of the year. However, the gross margin in the middle of 2019 will receive a positive effect from seaweed price and exchange rate; thereby the costs of main raw materials will be reducing by more than
increased from business expansion. For the 9M/2018, the net profit improved by Baht 420 million or 17% from 9M/2017. The gain was primarily due to start-up of IRPC-CP Phase 2 and ISP1 in Q4/2017 and the