returning value to our shareholders”. 2. Outlook In 2018 as a whole, the Thai economy expanded 4.1%, +4.0% year-on-year and looking ahead, the economy is expected to continue growing at a robust pace in 2019
potential demand in untapped locations (e.g. shopping malls in 2-tier or 3-tier cities and office building) where our major outlets could not cover demand. Throughout 2019, 25 pop-up stores, generating
budget allocation from conventional media such as TV, Newspaper, Magazine and Radio to other potential sectors to capture this ever changing lifestyle. Hence, it is expected that expenditure on TV sector
order to reach potential customers. Q4/2019 Outlook 3 Previously, the first franchisee store of After You in Hong Kong is set to start operation before Christmas in Q4/2019. However, due to the on-going
) MANAGEMENT DISCUSSION & ANALYSIS 2Q 2019 7 AUGUST 2019 MASTER AD PUBLIC COMPANY LIMITED NATIONWIDE COVERAGE 9 MANAGEMENT OUTLOOK In June 2019, the Company began commercial sales of our new digital Street
. Advertisers have adjusted their budget allocation from conventional media such as TV, Newspaper, Magazine and Radio to other potential sectors to optimise communicability. Hence, advertising expenditures for
-term loans from financial institutions of THB 882mn. BUSINESS PLAN AND OUTLOOK We will continue to add value to our investments and properties in our portfolio, including improving our risk management
, Pathumwan, Bangkok 10330 Tel. 66 2 654 3344 Fax. 66 2 654 3323 The Company’s outlook after disposing of the Bangkok Edition Hotel, Observation Deck, Retail Cube Building: Property Business Although the
institutions of THB 2,399mn and (vi) decrease in bank overdrafts and short-term loans from financial institutions of THB 60mn. BUSINESS PLAN AND OUTLOOK In 2019, we aim to lay a solid foundation for our