revenue for Q1 2017 grew slightly by 0.9% year-on-year, driven by good car sales in the Malaysian car dealerships and higher sales in China. These increases were partly offset by lower revenue in Thailand
subsidiaries as discontinued operations for the years prior to the year in which these subsidiaries were sold. (6) Adjustment to earnings are Net gain(loss) on foreign exchange, Impairment gain(loss), Gain(loss
percentage of sales, gross profit margin improved from 7.2% in Q1 2018 to 8.9% in Q1 2019, driven by cost reduction measures and improved efficiency and increases of gross profit from tooling sales in Q1 2019
continued to gradually expand in the second quarter, driven primarily by the export and tourism sectors, as well as an increase in the price of rice after a prolonged period of stagnation. However, these
subsidiaries were sold (6) Adjustment to earnings are Net gain(loss) on foreign exchange, Impairment gain(loss), Gain(loss) on disposal of assets, Gain(loss) on disposal of entities under common control, Gain on
from sales and rental and rendering of services (5) Adjustment to earnings are Net gain(loss) on foreign exchange, Impairment gain(loss), Gain(loss) on disposal of assets, Gain(loss) on disposal of
economy has moved on a positive trajectory and has followed a similar pattern to the previous quarter of last year. Since the second half of 2017 growth has been driven by the manufacturing sector, which
been mainly driven by improvements in tourism and industries related to the export sector. In contrast, provinces that rely on agriculture have not yet seen a clear pick-up, despite higher agricultural
—driven by strong polyester demand growth, capacity balancing and superior supplier discipline—we expect recovery in Asian PTA earnings in the quarters to come. Indorama Ventures 1st Quarter 2018 MD&A 7
per ton of $153, the highest level that has been achieved since the Company’s IPO. Driven by our global scale of integrated Polyester Value Chain and HVA platform, and the start of earnings recovery in