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

organic growth by emphasizing on the upstream expansion of chicken farm areas with the investment budget of THB 1,000 – 1,200 million per year. GFPT has a plan to construct our third slaughter house at

also increased its chicken processing capacity from 130,000 to 150,000 birds per day In the few years ahead, the Company has planned for its future organic growth by investing in Greenfield project. The

contributing to the earnings. Organic growth is calculated as the change in production on a like-for-like asset footprint basis Notes We recommend that investors always read the MD&A together with the published

not yet completed and have not yet started contributing to the earnings. Organic growth is calculated as the change in production on a like-for-like asset footprint basis Notes We recommend that

เสร็จในเดือน ธันวำคม 2560 โดยท ำกำรปรับโฉมใหม่ภำยใตแ้นวคดิ “Where Nature Meets Urban Living” ผสมผสำนชวีติคนเมอืงใหใ้กลช้ดิตดิธรรมชำต ิเปิดโซนใหม่ เพิม่พื้นทีพั่กผ่อน และพืน้ทีส่เีขยีว รวมถงึพืน้ที ่Co

means remuneration paid to the staff member and employee, namely salary, wages, overtime wage, bonus, pension, living allowance, welfare, company contribution paid to the provident fund, income tax paid

expenses consist of 2.5.1 Personnel expenses means remuneration paid to the staff member and employee, namely salary, wages, overtime wage, bonus, pension, living allowance, welfare, company contribution

, bonus, pension, living allowance, welfare, company contribution paid to the provident fund, income tax paid by the company etc.. 2.5.2 Premises and equipment expenses means depreciation, rent, repair and

สิน้ไปเมือ่ปลำยปีทีผ่่ำนมำ โดยท ำกำรปรับโฉม ใหมภ่ำยใตแ้นวคดิ “Where Nature Meets Urban Living” ผสมผสำนชวีติคนเมอืงใหใ้กลช้ดิ ตดิธรรมชำต ิเปิดโซนใหม ่เพิม่พืน้ทีพั่กผอ่นและพืน้ทีส่เีขยีว รวมถงึพืน้ที ่Co