contribute high gross margin; 4) marketing activities to help dry stock at trade stores and prepare for new packaging launch in Q3; and 5) increased administrative expenses from higher personnel expenses to

the new packaging launch in Q3. o Domestic branded canned fruit sales, i.e. rambutan, longan, and lychee were back on track YoY and up c.50% QoQ after the new crop has started.  Domestic Contract

selling expenses from new packaging launch for some branded product; 6) higher administrative expenses from higher personnel expenses; 7) higher R&D expenses; 8) higher finance costs due to higher

of previous year which a net loss of Baht 14.65 million, the loss decrease Baht 8.37 million or decrease by 57.14% , the main reasons are as follow 1. Revenue from sale , Other income The company had

to the same period of previous year which a net loss of Baht 5.43 million, the loss increase Baht 7.45 million or increase by 137.09% , the main reasons are as follow 1. Revenue from sale , Other

order of small sizes packaging (1kg, 2 kg, 5 kg) follow the consumer behaviors changes during Stay-home campaign from the governments, consumer start to hoarding rice products, plus the reasons that the

a net loss of 8.46 million baht, the increased loss of 7.29 million baht, the main reasons are as follow; 1. Revenue from sale , Other income The company had sale revenue at the end of Quarter 2 ended

661 6664-5 www.indoramaventures.com Ref.No.IVL004/11/2018 14th November 2018 President The Stock Exchange of Thailand Subject: Report on the Completion of the Acquisition of Packaging Business in Egypt

loss of 6.28 million baht, the increased loss of baht 8.45 million or increased loss percentages of 134.55% , the main reasons are as follow; 1. Revenue from sale , Other income The company had sale

• Project Olympus is on track and will bring in over US$76M run rate cost savings in 2020 (US$44M realized in 1H20). We enhanced our focused on our 5 strategic priorities as these will help us build