the Gross Domestic Product (GDP) would be 4.3% for 2018 which is higher than the previous forecast of 4.1%. The increase is reflecting the widespread improvement of economy in the first half of 2018

safety record has deteriorated and while thankfully we have had no serious accidents, we have seen an increase in lost time injuries. We have recognized that an improvement is needed and have recently

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

in order to stabilize the financial system. Nevertheless, as the COVID-19 situation has shown no clear sign of improvement and may persist throughout the first half of this year or beyond, pending the

% -2.1% - Basic earnings per share (Baht/share) 0.03 0.06 0.05 0.07 (0.03) (56.8) Net profit margin 3.1% 6.6% 5.8% 7.4% -3.5% - Page 2 of 11  Sales and service income Table 2 : Sales by Product Type for

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

, 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