outbound travel was continued and it extremely affected the shrinkage of tourism sector. Furthermore, the impact of export sector caused by the weak demand of the trade partner countries and it continuously
extremely high volatility which included triggering the SET circuit-breaker 3 times. Each large movement also triggered a massive change in the Delta hedge position within a very short period of time. These
. Entry into Australia will further diversify Indorama’s geographic presence. The Huntsman assets and IVL assets are managed by extremely talented people who together will forge a successful global
when compare to Q4–2019, despite the similar change rate in total operating expenses since the total revenues of Q4– 2019 is extremely higher than those of Q1–2020. As the result, the change rate of
increased in line with the increased in revenue at a very similar rate when compare to Q2–2020 and Q3–2019. This is because gross margin of the delivered projects in each quarter is not different. In addition
, the revenue recognition in Q2–2020 decreased. In terms of total operating expenses in Q2–2020, it decreased in line with the decreased in revenue at a very similar rate when compare to Q1–2020 and Q2
perspective, all ratios were at extremely low risk level as bank loans were paid off. In respect of liquidity ratio, trade receivable day barely changed. Despite lower accrual from social security bureau
Interest Coverage ratio (EBITDA / Financing Cost) which edged up to 91x as of 30 September 2017. Debt to Equity Ratio decreased to extremely low level due to repayment of debt owed to financial institutions
/ Financing Cost) which edged up to 120x as of 31 December 2017. Debt to Equity Ratio decreased to extremely low level. Please be informed accordingly. Yours sincerely, (Mr. Wachira Wudhikulprapan) Managing