and would be completed in the similar time periods. This caused work overload and shortage of skilled workers Q4/2018 and into Q1/2019, resulting on cost overrun. Discussion and Analysis of the Company
living of household rises, which was still with the weak purchasing power. Banks are not lending for fear of affecting the collection, the market is increasingly competitive so affected our customers
started and would be completed in the similar time periods. This caused work overload and shortage of skilled workers Q4/2018 and into Q1/2019, resulting on cost overrun. And another reason is a one-time
represents increasing of loss 69 million Baht from Q2/2018’s profit of 7 million Baht. One reason for net loss is because of the work overload and shortage of skilled workers which started in Q1/2019 but with
oil and gas productions, utilizing strict quality and safety standards of the offshore industry. The Company has been provided skilled technical personnel to work on both onshore and offshore facilities
cost rate is increasing accordingly. However, in late May, the government of Indonesia reversed a ban on its export, causing higher output in the world market and fear of recessions, as a result, the
(“IVOG”) and Indorama Ventures Olefins LLC (“IVOL”), provide skilled and technical knowhow and give the opportunity to tap into new markets and products such as polyurethanes, agrochemicals, oilfield, fuel
together with personal that are capable and highly skilled. There are risks, from relocating to new location, of both management, construction, requesting license that cost and time consume. Moreover, there