surge in IT devices demand during the COVID-19. Consumers had purchased a large number of IT products such as laptops, tablets, and mobile phones to support remote working and learning during the pandemic
-named Spindletop); footprint expansion into a growing market in India; formation of a dedicated team to grow the PET recycling business; continued focus on working capital optimization coupled with an
reflecting management actions on working capital optimization and extract efficiencies. Net working capital reduced by three days over last year. The Thai Baht strengthened 7% yoy and adversely affected
extraordinary items. 5Operating Cash Flow is after changes in net working capital and cash tax, before maintenance capex. Indorama Ventures 2nd Quarter 2020 MD&A 3 Business Segments Definitions IVL now
, 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
distribution to boost the ratio of regular income and match the needs of the customers who would like to have a home but have not made a decision to buy one. The emphasis has been put on university students
, and mobile phones to support remote working and learning during the pandemic. Without reasons to upgrades, consumers continue the usage of their existing devices which impact the overall IT market
support remote working and learning during COVID-19 in the prior years. As the COVID-19 situation improved in 2022, the study and work condition are beginning to return to normal, the demand for these
rates have remained steady. Core EPS of THB 4.49, up 65% YoY, post 11.1% dilution from warrants exercise. Operating Cash Flow of $1,037 million, despite higher working capital deployment due to start
reason, the total of each segment may not always tally with consolidated financials. Similarly segments total may not always match to total due to holdings segment. Since 1Q 2014, IVL has changed the