Ventures 2nd Quarter 2018 MD&A 1 Indorama Ventures Public Company Ltd Management Discussion and Analysis 2nd Quarter 2018 Structural Improvements Driving Earnings Momentum 2Q18 Core EBITDA up 63% YoY, 1H18
Services Tax (GST) abolition in 2018. However, the subsidiaries have continuously improved operational efficiency through improvements in gross margin rates, as well as continuing to focus on cost efficiency
overall improvements in productivity, we achieved a gross profit of 202.75mb ( Q3 2018: 163.17mb), an increase of 39.58mb or 24.3%. Selling and Administration expense Selling and administration expense (“SG
consumption expanded gradually, in line with the expansion of consumption expenditure on durable goods and greater consumer confidence, as well as improvements in farm income. Meanwhile, private investment
for new information systems or enhancements to the existing information systems; (2) maintain information security for information involved in application services; (3) establish controls of development
information systems or enhancements to the existing information systems; (2) maintain information security for information involved in application services; 12 (3) establish controls of development or changes
shrank from the economic slowdown, as operators opted to invest in process improvement and efficiency enhancements, as well as introduction of technology to reduce costs. EEC area is also slowing down, but
strategy that is based on three major pillars: topline growth, operational excellence, organization development. The “fixing the basics” program is nearly complete, resulting in upgrades of technical assets
annum, down from 3.23% in 3Q16. On 22 September 2017, TRIS Rating Agency upgraded CPN’s rating and its ratings of senior unsecured debentures to “AA” from “AA-“. The upgrades reflect CPN’s stronger