Thai Enquirer
Indorama Ventures posts strong 1H26 recovery as EBITDA jumps 61%
Compiled by KHAO Editorial — aggregated from 1 outlet. See llms.txt for citation guidance.
◌ Single Source
Indorama Ventures Plc (IVL) delivered a strong recovery in the first half of 2026, with consolidated revenue rising 4% year-on-year to 245.31 billion Baht and EBITDA jumping 61% to 29.735 billion Baht, according to the company’s latest results filing with the Stock Exchange of Thailand.
Key facts
- EBIT rose 185% to 16.623 billion Baht, while net profit before impairments and other exceptional items reached 7.394 billion Baht, compared with a loss of 2.177 billion Baht in 1H25
- Operating cash flow after maintenance capex reached 25.932 billion Baht, up 78% YoY, while net debt declined from 236 billion Baht at the end of 2025 to 226 billion Baht at June 30, 2026
- The improvement was driven particularly by the company’s Combined PET with Intermediate Chemicals business, which generated 19.897 billion Baht in 1H26 EBITDA, up 111% YoY
- Indovinya contributed 6.403 billion Baht, up 17%, while Indovida generated 2.053 billion Baht, up 37%.
- Fibers was the only segment to decline, with EBITDA falling 9% to 2.752 billion Baht
- EBITDA surged 129% YoY, while EBIT jumped 371% to 15.042 billion Baht
Summary
EBIT rose 185% to 16.623 billion Baht, while net profit before impairments and other exceptional items reached 7.394 billion Baht, compared with a loss of 2.177 billion Baht in 1H25. Earnings per share before impairments and other exceptional items increased to 1.24 Baht, from a loss of 0.47 Baht per share a year earlier.
The improvement was driven particularly by the company’s Combined PET with Intermediate Chemicals business, which generated 19.897 billion Baht in 1H26 EBITDA, up 111% YoY. Indovinya contributed 6.403 billion Baht, up 17%, while Indovida generated 2.053 billion Baht, up 37%.