growth plans Indorama Ventures 1st Quarter 2018 MD&A 4 Portfolio Development We continue to upgrade our portfolio through organic growth, operational excellence initiatives, value accretive acquisitions
maximize their value. TRIS Rating upgrade of corporate and debenture ratings to “AA” with stable outlook. In 2017, CPN launched 3 new condominium projects, which garnered positive responses. Sustainable
equipment upgrade in 4Q19. Other costs of service, including cost of content, prepaid commission, and IC cost, were Bt2,090mn, decreasing - 11% YoY, - 13% QoQ due to lower prepaid commission following the
continued improvement in plant efficiency. • EBITDA margin increased y-on-y to 28.6% in Q2’2020 and 28.9% in 6M’2020 from 1) ABP5 and BPWHA1 improving heat rate after gas turbine upgrade in July 2019 and
equipment upgrade in 4Q19. Other costs of service, including cost of content, prepaid commission, and IC cost, were Bt2,090mn, decreasing - 11% YoY, - 13% QoQ due to lower prepaid commission following the
require external funding to upgrade or develop new, capital intensive facilities. 1.4. Assets and projects in scope for the Criteria These Criteria apply to assets and projects relating to the following
economic uncertainty caused by the trade war between US and China, the conflicts in the Middle East and the unpredictability of the political situation in Europe. These factors have impacted to Thailand
uncertainty of US economic policy. But, the global economy trend as continued to improve. Thai economy is growing as slowly which the tourism and exports were driving force in past time. Including, the income
uncertainty regarding future revenue recognition 11. Opinion of the Audit Committee and/or the Directors which are different from the opinion of the Board according to item 10 Audit Committee and/or the all
. With high operating expenses and there is still uncertainty regarding future revenue recognition 11. Opinion of the Audit Committee and/or the Directors which are different from the opinion of the Board