the sales of products. Therefore, the Corporate Group has established policy on market expansion and domestic channel development to achieve the most efficiency, as well as production cost management

our fibers business to achieve Assets full potential and Operational excellence across 13 sites of Combined PET and Integrated Oxides and Derivatives segments. As we look ahead for 2020, we feel

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

ultimately enhance the Company’s competitiveness and to expand the development of the project together with increasing of market share for the company in order to achieve its business goals and this will

in 2018 will achieve the growth rate of 20% from 2017. The gross income of the Company and subsidiary companies in Q1/2018 is 2,499.53 million THB, increasing 26.87 million THB or 1.09% from Q1/2017

/2019, the revenue is increased because dealers must buy to achieve their annual target. • The other revenue of NDR is increased in 2019 because of receiving dividend from FKRMM at 15,150,000.00 Baht and

declared as the “Year of Shift”. It is the opportunity for the organization, high-ranking executives and staff to revise the business model in order for the organization to achieve stable growth and the goal

sts were 41 period last ult of debt quarter of 2 than the 3rd t which incr g of gross pr se from co Page2/4 ich was an ase of 15.8 ion baht or rease 97.3 achieve a y acquired ompany no baht which s

and to expand the development of the project together with increasing of market share for the company in order to achieve its business goals. 2.2. Others, in the period of third quarter of 2016 and 2017

Sales performance from our subsidiaries including Mega Home and HomePro in Malaysia has improved. In order to achieve our goals, the Company has focused on enhancing efficiency by improving inventory