back expected +4-5% range. We expect the overall burnt and crude product market contraction in 2020 and expansion in 2021 to be in the same range. This being said, we do not expect further major
Quarter 2018 MD&A 1 Indorama Ventures Public Company Ltd Management Discussion and Analysis 3rd Quarter 2018 Milestone Revenues and Earnings, Structural Improvements, Enhanced Portfolio and Geographic Reach
which was long term, lower from Bt98bn. Shareholders’ equity was Bt37,656mn, declining 12% due to lower retained earnings. Current ratio stood at 0.43x, down from 0.46x in 4Q16. With improving EBITDA and
% due to higher interest-bearing debt of Bt108,500mn, compared to Bt98,100mn in Dec-16. Total equity decreased by 1.9% to Bt41,893mn from softer retained earnings. Excluding 900MHz and 1800MHz spectrum
Bt223,078mn decreasing 4.2% from lower interest-bearing debt, which currently stood at Bt97,700mn, down from Bt109,100mn. Total equity was Bt64,529mn increasing 12% from retained earnings. Net debt to EBITDA
range of Bt600-700 with a typical 30-50Mbps speed, 10Mbps plans can be accessed at Bt250 and 1Gbps plans are currently affordable at Bt2,999 in selective areas. Sale of convergence packages trended better
, EBITDA was Bt55,721mn, increasing 7.1% YoY with an EBITDA margin (excluding equipment rental) of 46.2%, compared to 44.7% in 9M17 and continue to expect full year margin in the range of 45-47%. Net profit
tax expenses -5.80 -4.89 0.91 19% Net income for period 24.74 23.17 1.57 7% Earnings per share (THB) 0.08 0.08 0.00 0% FY 2018 FY 2017 YoY change YoY % change Unit: Million Thai Baht (THB) Sales and
entry industry price remained in a range of Bt500-600 with a typical 100Mbps speed, 1Gbps plans are currently affordable at Bt800-1,000. 2 3Q19 MD&A Advanced Info Service Plc. 3Q19 Operational Summary In