% Debt to equity (times) 0.3 0.4 Asset turnover (times) 0.7 0.4 Remark: Financial ratios were calculated based on The Stock Exchange of Thailand’s formula. MANAGEMENT OUTLOOK The COVID-19 pandemic has
ways to serve our customer needs by expanding PTA-PET asset base in the Americas 2019-2020 Indorama Ventures 1st Quarter 2018 MD&A 9 Short-term Outlook IVL is well-positioned to benefit from the ongoing
. (Source : BOT Press Release No.19/2019 on Monetary Policy Report, March 2019/EIC Outlook quarter 1/2019) Performance Analysis Unit : MB For the period ended Change 31 March 2019 31 March 2018 MB % Net sales
Deposit Baa1 Baa1 Baa1 Short-term Deposit P-2 P-2 P-2 Senior Unsecured Debt Instrument Baa1 Baa1 Baa1 Subordinated Debt Instrument Baa3 Baa3 Baa3 Financial Strength (BCA) baa2 baa2 baa2 Outlook Stable
% 237,838 85% 2025 - - - - Retained earnings 16,971 6.2% 16,158 5.8% 2026 7,180 - - - Others 25,737 9.3% 25,735 9.2% Total Equity 42,708 15% 41,893 15% Credit Rating Fitch National rating: AA+ (THA), Outlook
% Total Equity 42,708 15% 50,427 18% Credit Rating Fitch National rating: AA+ (THA), Outlook: Stable S&P BBB+, Outlook: Negative Source and Use of Fund: FY17 (Bt mn) Source of Fund Use of Fund Operating
merchandise exports, resulting in an expected economic growth at the rate 4.0% which is higher than the previous forecast of 3.5%. Economic outlook for 2017 Thai economy is expected to grow at rate 4.2
the guidance. FY19 performance & FY20 outlook FY19 performance tracked in-line with all guidance. Service revenue of Bt140,454mn grew 5.3% YoY vs guidance of mid- single digit growth. EBITDA reported
9,000 750 - - Retained earnings 32,505 11% 31,620 11% 2028 - 750 - - Others 25,163 8.7% 25,149 8.5% Total Equity 57,669 20% 56,769 19% Credit Rating Fitch National rating: AA+ (THA), Outlook: Stable S&P
National rating: AA+ (THA), Outlook: Stable S&P BBB+, Outlook: Stable Source and Use of Fund: 1H19 (Bt mn) Source of fund Use of fund Operating cash flow 38,000 CAPEX & Fixed assets 9,443 Sale of equipment