take good care of customers to help them withstand the economic crisis and move forward to the “New Normal”, while maintaining close control of credit underwriting and risk management. The Bank also set
% Company total revenue on 1st quarter of year 2020 increased 11.11 percent from the same period of last year. Main attributions are increasing in sale quantities from 2nd production line that reach normal
) 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
subsidiary recorded net profit of 3,635 MTHB, increased by 576 MTHB or 18.8% comparing to year 2018, which due to the recognition of deferred tax assets from loss carried forward of the Company and its
from normal depreciation offset with asset acquisitions during major turnaround in 2018. 5. The balance of deferred tax assets at the end of 2018 was 102 MTHB, decreasing by 204 MTHB comparing to 306
quarter of 2017 but recovered back to normal in 2nd quarter of 2017. However, the sales in the Chinese market was lower than the predicted target due to moving period for some production line to Rojana
. Innotech Asset Management Co., Ltd., the subsidiary, has been approved from by the Office of the Securities and Exchange Commission to resume normal operation of fund management since August 2019. In October
number of staff to support new incoming projects. 5.2 Profit on exchange rate increased by Baht 0.85 million. In the quarter 3/2018, the company has gain on exchange rate and forward contract by Baht 0.46
new normal world during and post COVID19 our focus remain to: To manage near-term risks and capture gains Prepare for a longer-term global lockdown in case it happen Build upon new opportunities
EBITDA ($m) 29 26 26 11% 15% Core EBITDA/t 312 291 263 7% 19% Indorama Ventures 1st Quarter 2020 MD&A 7 2020 outlook Under the new normal world during and post COVID19 our focus remain to: To manage near