Microsoft Word - MD&A JMT_IR61_016 ชี้แจงผลการดำเนินงาน ไตรมาส 3_2561_ENG update   Management Discussion and Analysis, Q3/2018 Page1/5 JMT Network Services PLC Ref: IR61/016 13 November 2018 Subject

approach to growth Spindletop (Huntsman assets acquisition) deal update Core EBITDA down 31% yoy Volume growth 23% year-on-year (yoy) Operating cash flow (OCF) growth 47% yoy Company credit rating re

136 (67)% New Segments Integrated PET 754 791 (5)% 114 186 171 (34)% Fibers 222 211 5% 43 51 64 (34)% Packaging 71 48 50% 19 17 13 44% Integrated Oxides and Derivatives 75 232 (68)% 31 16 50 (39

Chemicals and Packaging. ***2Q19 Core Financials exclude IRSL 1Consolidated financials are based upon elimination of intra-company or intra-business segment transactions. 2Total of each segment may not always

, beverage bottles, PET packaging for food, personal care and home care) in the near term and improve our working capital efficiency. Most of our products are classified as essentials in the current pandemic

Page 1 of 4 Form 69 – CIS material update Checklist for Registration Statement for an offer for sale of units of foreign collective investment scheme Form 69 – CIS material update [ ] 1. The Update

69 64 49 43% 232 191 22% Packaging 16 13 11 54% 53 40 35% Olefins 3 50 73 (97)% 162 189 (15)% Specialty Chemicals 19 22 48 (60)% 130 223 (42)% Core EBIT 178 190 230 (23)% 948 738 28% Core Net Profit

81% Fibers 69 64 49 43% 232 191 22% Packaging 16 13 11 54% 53 40 35% Olefins 3 50 73 (97)% 162 189 (15)% Specialty Chemicals 19 22 48 (60)% 130 223 (42)% Core EBIT 178 190 230 (23)% 948 738 28% Core

Segments Integrated PET 262 192 222 18% 882 592 49% Fibers 59 69 49 20% 242 190 27% Packaging 19 16 13 43% 59 44 34% Integrated Oxides and Derivatives 26 3 57 (55)% 130 227 (43)% Specialty Chemicals 3 19 44

value add businesses of Recycling and Packaging continued to see strong demand this quarter and expected to continue through the year. The push in circularity coming from consumers, our customers as well