costs. Summary of Performance For Q1 2018, the Company and its subsidiaries recorded net profit of 954 MTHB, increased by 184 MTHB or 23.9% comparing with Q1 2017. This increment was mostly caused by the
improvement was mostly a result of lower prices of raw materials this year and improvement of production reliability. Financial Ratios Q3 2019 Q3 2018 Gross profit margin 28.6% 20.2% Net profit margin 22.0
’ spread margin with the reliability of production unit. Financial Ratios Q3 2017 Q3 2016 Gross profit margin 17.7% 10.1% Net profit margin 7.4% 2.6% Debt to Equity ratio 0.12 0.14 Earnings per share 0.30
with the reliability of production unit. * Note Please find further information in the consolidated financial statements. 2 Financial Ratios Q2 2017 Q2 2016 Gross profit margin 20.3% 10.9% Net profit
subsidiary recorded gross profit of 4,418 MTHB, improved by 2.8% from the year 2018 due to lower prices of raw materials this year and improvement of production reliability. However, such improvement was
rates in respond to high vegetable oil price. Despite the increase of main raw material costs, the products’ spread margin was improved together with the reliability of production unit throughout the year
. In addition, the Company had a net profit of Baht 62.60 million, increased from the same period of the year 2016 by Baht 13.98 million or 28.75 percent. The major reasons of the increase in net profit
, the Company can manage effectively of product merchandising for high margin items. The Company also gain reliability from ZIGA and DAIWA brand for their standard and recognition. ZIGA and DAIWA has
reflecting management actions on working capital optimization and extract efficiencies. Net working capital reduced by three days over last year. The Thai Baht strengthened 7% yoy and adversely affected
: +662 661 6664 Indorama Ventures 2nd Quarter 2020 MD&A 1 Executive Summary 2Q 2020 Financial Results • IVL achieved a core EBITDA of US$305M and an operating cash flow of US$300M. Core net profit grew to