seen in the final quarter of last year. Broadly speaking, the Thai economy may grow within a range of 3.2-3.9 percent in 2019, down from the growth of 4.1 percent in 2018. Improvement in domestic
change in net working capital and cash tax, before maintenance capex Indorama Ventures 2nd Quarter 2019 MD&A 3 Summary 2Q19 results IVL’s performance for the first half and ongoing progress give us the
%, driven by structural improvement in the commodity cycle and strong demand across geographies. Core EBITDA per ton of $139, up 32% YoY, driven by uptrend in PET margins and significant recovery in Asia
surged in sectors with high capacity utilization rates, such as the automotive and petrochemical sectors. On the other hand, progress in public infrastructure project construction remained gradual
, respectively. In 4Q’18, the company’s gross margin almost unchanged yoy. For year 2018, gross margin was 31% higher than 30% of year 2017. The improvement in gross margin was contributed by more revenue portion
planning and the improvement in the quality of goods, as well as improving and controlling the internal operational efficiency of the Company. During the second quarter, the Company continued to pursue its
world trade volume. In addition, tourism sector and the agricultural sector expanded continually, as well as improvement in public consumption and private investment. While, public investment declined. As
overall sales performance for the third quarter has improved from the previous quarter, especially in greater Bangkok and the big cities. This is in line with the improvement in the Thai economy, which has
Act (amount of Baht 36 million). This year-on-year improvement was mainly attributable to higher sale from automotive parts, improved efficiency and increases of gross profit from tooling sales. Selling