achieve Asset Full Potential. Indorama Ventures 1st Quarter 2020 MD&A 2 We took quick and decisive actions to align our production volumes in sync with demand for most of our products (such as hygiene
LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR Q3/2018 2 2. ECONOMIC SITUATION Thai economy in Q3/2018 continuously grew. Export-oriented manufacturing businesses expanded for specific sector, automobile
their allies unable to come to terms on oil production cuts. This further exemplified pressure on the price of crude in the global market to make a severe reduction late in the quarter. Average price of
. Factory will start building within first quarter of 2018 and will be finished within year 2018. The machine will start production within year 2018. 1.2 Counterparty 1.2.1 Property Buyer : ZIGA Innovation
lockdown in many countries around the world including Thailand. But the negative impact on domestic consumption, manufacturing and export sectors persisted in this quarter, despite improvement from the
increase in sales revenue from the same-store sales growth and the increase in number of branches, as well as the decrease in overall expense from increased production volumes (economies of scale). • Gross
in number of branches. In addition, the cost per unit decreased due to the increased production volume (Economy of scale). • Gross Profit margin in Q3/2023 was 66.0%, increased from 64.6% in Q3/2022
addition, the cost per unit decreased due to the increased production volume (Economy of scale). • Gross Profit margin in Q4/2023 was 65.0%, increased from 62.9% in Q4/2022, and Gross Profit margin in 2023
from same-store sales growth and the increase in the number of branches, as well as the decrease in cost per unit from the increase in production volumes resulting in economies of scale. • Gross Profit
) 3,224,283 3,691,083 3,726,432 Inventory In general, Hana's production is based on clients' order, consequently, the majority of inventory are raw materials, expendable tools and work in