) measured at amortised cost Adoption of TFRS 16 requires the recognition of right-of-use assets and lease liabilities Overall market environment The Thai economy for 1Q20 continued on a declining trend
financial reporting standards. Overall market environment The Thai economy for the first quarter of 2020 continued on a declining trend comparing to last year due primarily to the COVID-19 outbreak which
experience overall. On 19 July 2018, the Company announced an incorporation of a new joint venture, BV Media Ads Limited (“BVTV”). BVTV is a 50:50 joint venture between VGI and Bangkok Broadcasting & TV
customers and new IEs customers. For Power Business, the Company recognized revenue (Solar Rooftop Projects) at Baht 3.0 million. 2 In 9M2019, Total Revenue was Baht 1,387.3 miilion, a 7.6% increase from Baht
carefully monitor the ongoing situation and changing consumer behaviors understood to be the ‘New Normal’ and will take actions to ensure that the Group adjusts to respond to the needs of customers in a
of Thailand and NESDB, overall Thai economy in 2017 expanded by 3.9%, higher than 3.3% growth in 2016. This was mainly from acceleration of private consumption, export sector, and private investment in
increased use of autoclaved aerated concrete blocks as Thailand follows a global trend. The nonferrous mining segment in our key export market Laos remains strong however as a new competitor comes on stream
-Translation- Ref. WINNER 006/2020 February 27, 2020 Subject: Management Discussion and Analysis (MD & A) for the year 2019 To: The President The Stock Exchange of Thailand 1. Analysis of Overall
Overall Operating Results for the Company and its subsidiary 1.1 Analysis of Operating Results for the Company and its subsidiary Table 1: Overall operating results for the year 2019 (Unit: Thousand Baht
forecast. Although short-term economic stimulation measures from the government benefited private expenditure, but could not make a positive change to the overall GDP. (Source: Bank of Thailand). Thailand’s