). Moreover, the Thai economic outlook would underperform below the baseline projection because; 1. The global economy could enter a severe recession and Thailand’s tourism sector could take a long time to

Association Thailand (“DAAT”) revised up the advertising expenditures to THB 12,000mn, or an expected growth of 29% in 2017 (prior forecast: 24% growth in 2017), mainly driven by the acceleration of internet

VGi GLOBAL MEDIA PLC MANAGEMENT DISCUSSION & ANALYSIS 1Q 2017/18 2 AUG 2017 MANAGEMENT OUTLOOK We reiterate the 2017/18 revenue forecast for the VGI group at THB 4,000mn driven by new synergies between

formation. Hence, the NESDB has cut down its growth forecast for the Thai economy in 2023 to the range of 2.5%-3.0% from the previous forecast of the range of 2.7%-3.7%, which the supporting factors still

services. This is in line with changing consumer behavior after the COVID-19 outbreak. 2023 Outlook Perspective on the Recovery After the Easing of COVID-19 Measures Presently, the situation of the COVID-19

44.6 43.8 45.7 44.7 44.3 45.5 46.3 46.4 47.7 49.9 49.7 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2023 Outlook Perspective on customers’ purchasing behavior In 2022, the customer confident index has

in Chonburi and Rayong province is moderate. Water supply in the reservoirs was approximately to average water quantity of the past 10 years. The weather forecast of the Department of Meteorology was

for the imported raw material and goods because of Baht appreciation. Business outlook for Q4/2019 was expected that Thailand economy would be stable compared to the same period of 2018, in line with

quantity of the past 10 years. The weather forecast of the Department of Meteorology was expected that the total rainfall in the Eastern part of Thailand will be nearly average level during August

Property, plant and equipment. The Company had a strong financial position with the capacity to repay debts which is reflected in low net interest bearing debt to equity at 0.15 times. 2018 Outlook Maintain