Ventures 2nd Quarter 2018 MD&A 1 Indorama Ventures Public Company Ltd Management Discussion and Analysis 2nd Quarter 2018 Structural Improvements Driving Earnings Momentum 2Q18 Core EBITDA up 63% YoY, 1H18
by THB 53mn or 3.5%. This was attributed to an increase unappropriated retained earnings of THB 53mn. As of 31 March 2018, total equity included with equity attributable to owners of the Company of THB
integration of acquired businesses, the start of earning recovery in our high-volume Necessities business and our stable but higher-margin HVA business. We delivered record earnings and cash flows and expect
earnings (EBITDA). Shareholders, including the majority shareholders, expressed their faith in the performance and future prospects of the Company and subscribed, in large numbers, to the warrants (IVL-W1
remaining two segments, Integrated Oxides & Derivatives and Specialty Chemicals are expected to resume their earnings from unplanned shutdowns, except IPA which we believe will recover over the next 12-18
Quarter 2018 MD&A 1 Indorama Ventures Public Company Ltd Management Discussion and Analysis 3rd Quarter 2018 Milestone Revenues and Earnings, Structural Improvements, Enhanced Portfolio and Geographic Reach
150,000 ridership per day. • In this quarter, MACO has installed 42 additional digital screens at Kuala Lumpur International Airport Terminal 1 and 2. These screens are well-positioned to capture more than
allocate more of their advertising budget towards the out-of-home sector, in order to benefit from and keep abreast of these trends. Master Ad Public Company Limited (“MACO”) is well-positioned to benefit
media in Malaysia, Meru Utama Sdn. Bhd.– Aviation media in Malaysia and PT Avabanindo Pekasa (“Otego”) – Transit media in Indonesia. With MACO and VGI’s expertise, we believe we are well positioned to