= 619.77 million Baht Revenue of Q1/2019 = 1,164.83 million Baht EASTERN WATER RESOURCES DEVELOPMENT AND MANAGEMENT PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR Q1/2019 Proportion of
domestically with the expansion of new mass transit lines which provides an opportunity for greater growth in our street furniture business. Selective digital conversion will help increase the media value of our
quarter, although the pace of expansion remained relatively lackluster. Exports registered no growth over a year with a continued appreciation of the Thai baht having a detrimental effect and this has fed
to long-term shareholder value generation laying the foundations of future improved results via new product development (introduction of dolomitic product line) and cost saving measures (Solar project
trend development was more than offset by the continued positive growth sentiment of advertising spending in November and December 2017, driven by the economic rebound in exports, tourism and automotive
the Bank of Thailand and Office of the National Economic and Social Development Board data. Thailand’s economy in the first quarter of 2023 expanded by 2.7% y-y, accelerating from 1.4% y-y growth in the
previous year by Baht 15 Million or 0.8 percent mainly from the suburban expressway Sector D due to the increase in traffic volume, resulted from the development of the Eastern area. Furthermore, although
Chinatown and Baan Dusit Thani. For the last quarter of 2019, the Company remains positive towards Food Business and Other Businesses as the new investments started to have revenue growth. The Company also
revenue growth. The Company also expects the continuous growth from the catering services primarily to major international schools and the operation of a healthy food restaurant business opening in October
source of the Company’s revenue. Despite such impediments, the Company recognized the growth potential from the followings: 1) Increased revenue and profit from new business investment which are: “Elite