, increasing by 10.0% q-q. Net Profit For the fiscal year of 2022, consolidated operating income was reported at 3,815 million baht, an increase 262 million baht or 7.4% y-y or earning per share of 15.26 baht

as staff and rental during the COVID-19 situation, in the 2nd quarter of 2019 and 2020, the gross profit decreased from THB 364.4 Mn to THB 127.2 Mn respectively, a decrease of THB 237.2 Mn or 65.1

: +662 661 6664 Indorama Ventures 2nd Quarter 2020 MD&A 1 Executive Summary 2Q 2020 Financial Results • IVL achieved a core EBITDA of US$305M and an operating cash flow of US$300M. Core net profit grew to

potential in the future. 2 Gross profits and gross profits margin In Q2/2017, our gross profits amounted to THB 1,131 million, up by THB 270 million or 31.4%, and represented gross profit margin of 32.3

net profit for the first quarter of year 2020 was Baht 1,266.52 million representing a decrease of Baht 153.32 million or down by 10.80% over the same period last year. The main reasons include: 1

committed, planned and announced. Such forward-looking statements speak only as at the date of this document, and the Company does not undertake any duty or obligation to supplement, amend, update or revise

quarter driven by resilient sales and margins in Integrated PET, USA PX and PIA businesses. Core net profit grew to THB 1.6B • Core EBITDA grew in all segments and in all regions as our products primarily

the management of investments under a mutual fund project by issuing investment units of each project for sale to the public and bringing proceeds thereform to invest in, or procure for profit from

thereform to invest in, or procure for profit from holding in, securities, derivative, or any other properties, or invest in or procure for profit by other means. "private fund management"2 means the

profits amounted to THB 1,131 million, up by THB 270 million or 31.4%, and represented gross profit margin of 32.3%, down from 37.2% posted during the corresponding period last year. This comprised of gross