of $304 million (THB 9.6 billion), -7% YoY, Core EBITDA margin 10% Core Net profit after tax of $128 million (THB 4.0 billion), -27% YoY Core Earnings Per Share of THB 0.67, -32% YoY Operating
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
not yet started contributing to the earnings of IVL. Forward-looking Statements The statements included herein contain “forward-looking statements” of Indorama Ventures Public Company Limited (the
not yet started contributing to the earnings of IVL. Forward-looking Statements The statements included herein contain “forward-looking statements” of Indorama Ventures Public Company Limited (the
remaining two segments, Integrated Oxides & Derivatives and Specialty Chemicals are expected to resume their earnings from unplanned shutdowns, except IPA which we believe will recover over the next 12-18
production and earnings including new geographies. The quarter saw a spike in raw material prices, especially for paraxylene, which is expected to normalize going forward. Nevertheless, PET margins were
0.1 percent, but this was better than the first quarter of this year which showed negative growth at -7.2 percent when compared to the first quarter last year. Moving to domestic market, the growth in
6661 Fax: +662 661 6664 Indorama Ventures 2018 MD&A 1 Indorama Ventures Public Company Ltd Management Discussion and Analysis For the year ended December 31, 2018 Milestone Revenues and Earnings
) (112) -102% Profit attributable to owners of the Company 1,174 993 1,316 12% 33% 3,855 4,393 14% Basic earnings per share (Baht) 0.85 0.72 0.96 2.80 3.19 Note: 1/ EBITDA from Refinery Business of the
) Gross profit 439.4 427.9 11.5 2.7 Net gain on exchange rate 55.1 112.2 (57.1) (50.9) Gain on forward contracts 11.2 49.5 (38.3) (77.4) Other income 2.0 173.0 (171.0) (98.8) Profit before expenses 507.7