consumers. In addition, the direction of technology in the long-term that will change into the 5G might increase the sales growth in the future. 2. Personal Loans Business The growth of personal loan business

Bank of Thailand and Office of the National Economic and Social Development Board data, the Thai economy in the 4Q/2022 expanded by 1. 4% y-y, slower than the expansion of 4.6% y-y in the previous

 In Q4/2017, the Company and its subsidiary recorded total sales of Baht 1,531 million, an increase of 2% YoY, following growth from domestic CMG launching new products as well as continue growth from

of investment of THB 281 mn Business expansion toward mixed-use project development CPN and Dusit Thani Public Company Limited (“DTC”) joint-invest in a mixed-use development project including hotel

7,698 mn, up by 5.2% YoY with a 6% YoY growth in net profit to THB 2,483 mn. Establishment of a Joint Venture to support business expansion plan On 5 September 2017, the Company established a new joint

growth plans Indorama Ventures 1st Quarter 2018 MD&A 4 Portfolio Development We continue to upgrade our portfolio through organic growth, operational excellence initiatives, value accretive acquisitions

than in 2017 which mainly supported by acceleration of global economy growth. Moreover, expansion in private consumption, export growth, and private investment from last year was due to higher consumer

follows. Overview According to the Bank of Thailand and Office of the National Economic and Social Development Board data, the Thai economy in the third quarter of 2019 expanded by 2.4%, slightly increased

) Steady growth in private consumption from stimulus packages and recovering agricultural product prices from production expansion and 4) Other supporting factors, such as government spending and other

decrease resulted from closing the branch of IT Junction due to the operating result was unreachable the target. This might help to reduce the loss the non- performing branches in the future. 4. Insurance