functional drinks (+26.2 YoY). Domestic beverage continued showing strong growth at 4.6% YoY from both energy drinks and functional drinks. Speed-up health and hygiene innovations made a turnaround of domestic

. Indorama Ventures Public Company Limited (“IVL” or the “Company”) would like to inform that it has, through its indirect subsidiary Indorama Ventures Holdings LP (“IVHLP”), formed an equal joint venture

new joint venture company by the name of Toyobo Indorama Advanced Fibers Company Limited (“TIAF”) will be formed. Toyobo has a long relationship and with IVL and this new JV will further strengthen

on January 6, 2018 the Company formed a new subsidiary in Austria to be in line with the shareholding restructure plan of the subsidiaries which operated hotel business in Europe, for the purpose to

profit margin for the year 2019 was mainly due to differences in product mix and the impact derived from adoption of USD as the Company’s functional currency which in resulting of lowered cost evaluation

to 4.74% in 2019. The increase of gross profit margin was mainly due to differences in product mix and the impact derived from adoption of USD as the Company’s functional currency which in resulting of

have developed applications such as SEC Check First and SEC Bond Check as a self-help tools for investors to check products or service providers that are regulated by SEC.  In addition, SEC has formed

, harmonized packaging specification, and reduced bottle weight. - Osotspa maintained its strong leadership position in both energy drinks and functional drinks markets and played a major role as a market growth

marketing strategy, OSP market share was maintained at 53.5%, aligned with our mid-term guidance. In Functional drinks market, C-Vitt, now a No.1 brand, strongly drove the market to grow by 19.3% YoY. At the

of USD as the Company’s functional currency which in resulting of lowered cost evaluation caused from price variance during the period as compared to previous year. 3. Selling and Administrative