SINGAPORE (ICIS)--Indorama Ventures Ltd's (IVL) net profit surged in the third quarter as core earnings rose across all business segments and regions, the Thai producer said on Thursday.
|Thai baht (Bt) million||Q3 2018||Q3 2017||Change (%)|
|Bt million||Q1-Q3 2018||Q1-Q3 2017||Change (%)|
*Sales of Bt96bn equate $2.91bn
**Earnings before interest, tax, depreciation and amortisation
- Overall production volume rose by 14% year on year to 2.73m tonnes in the third quarter, supported by new assets in Brazil and Portugal.
- For the first nine months of this year, the company's production rose by 9% year on year to 9.9m tonnes.
($1 = Bt32.95)