and strategic integration. Our diversified portfolio provides an earnings mix that combines the higher-volume Necessities (79% of 1Q 2018 LTM volume), now with improving margins, and stable-margins HVA
. • Interest costs were lower thanks to lower benchmark rates. Taxes were lower due to lower contributions from the USA business, which impacted the regional mix. Indorama Ventures 2nd Quarter 2020 MD&A 2
in mix. The performance during the quarter however was impacted by a 75 days planned turnaround maintenance of PO/MTBE unit which happens once every five years. The profitability of around 30% of IODs
any follow-up action. A supplier which has been audited can be considered as (i) ‘qualified’, in which case it will be re-audited in the next cycle to keep this qualification, or (ii) ‘in progress’, in
sales was 1,711.86 million Baht or at 95.29% of revenue from sales which increased from 93.65% of year 2017 due to higher energy costs and product mix. 3. Selling and administrative expenses increased
mainly due to the followings: (a) Lower contribution margin recorded resulted from unfavorable model mix; and (b) Higher tax expense recorded during the 3-months period ended 30 April 2019 by Baht 2.82
444.9 million Baht or at 93.39% of sales which decreased from the 3rd quarter of last year of 102.32% and decreased from the last quarter of 95.17% and that was due to product mix and improving in yield
Baht or at 104.43% of revenue from sales which increased from 95.29% of year 2019 due to higher production costs and product mix. 3. Selling and administrative expenses was 96.17 million Baht which
lower Gross Profit Margin from 34.9 % in Q2/2019 to 34.3 % in Q2/2020 resulting from a higher related freight charges added to production costs and an unfavorable product mix; - SG&A including Interest
from the first inspection cycle (2010-2012) to 2019, the first year of the 4th inspection cycle (2019-2021), showed promising overall improvement despite the SEC’s more intensive inspection in several