Thailand IVL Q1 net profit falls

Thailand IVL Q1 net profit falls
WESPECH PTE LTD
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13.05.2020

MOSCOW (MRC) --Thailand-listed producer Indorama Ventures Ltd (IVL) on Tuesday reported a sharp drop in its first-quarter net profit, weighed by negative foreign exchange effects and higher inventory losses, said the company.- Foreign exchange loss of baht (Bt) 362m in Q1 2020 versus gain of Bt99m in the same period last year.- Inventory loss widened to Bt3.44bn in the first quarter from

Full article at mrcplast.com

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