Reported EBITDA less Inventory gains/(losses). 4Core Net Profit is Reported Net Profit less Inventory gains/(losses) and one-time extraordinary items. 5Operating Cash Flow is after change in net working

Ladies and Gentlemen, As more and more people become vaccinated around the world, we can be cautiously optimistic that humanity will soon be immune to COVID-19. However, more needs to be done to promote

was led by domestic palm oil inventory surplus more than 400,000 tons in 1Q2018, while, in the past, Thailand used to have an average palm oil inventory level of 200,000 - 250,000 tons. For ME domestic

Limited Global Green Chemicals Public Company Limited Management Discussion and Analysis | 2 Executive Summary In 1Q2019, palm oil production and crude palm oil (CPO) inventory have remained high in both

. 4Core EBITDA is Reported EBITDA less inventory gains/(losses) 5Core EPS is Reported EPS less inventory gains/(losses) less one-time extraordinary items Indorama Ventures 1st Quarter 2018 MD&A 3 Summary We

| 2 Executive Summary In 2019, overall palm oil production and crude palm oil ( CPO) inventory remained high in both domestic and international market, although the inventory plunged to a minimum record

-end of 2018 and Q2/2019 was THB 665.3 MB and THB 619.1 MB respectively, equivalent to 55.7% and 52.4% of total assets respectively. The Company’s the finish goods inventory as of year-end of 2018 and Q2

cash equivalents in which accounted to THB 393.9 MB and THB 99.6 MB respectively or equivalent to 30.7% and 10.0% of the total assets. Secondly, the finish goods inventory in which accounted to THB 501.8

capital. The key success factors of this business depend on the inventory management, the logistic systems that meet the clients’ needs in time, cost of capital, receivables management and sales revenue

was mainly due to an improve on the inventory cost management continued from year 2017 as well as sales mix management in each product category efficiently. However, the Company still strictly