MANAGEMENT DISCUSSION & ANALYSIS 1Q 2019 13 MAY 2019 MASTER AD PUBLIC COMPANY LIMITED NATIONWIDE COVERAGE 1 QUARTERLY BUSINESS REVIEW – 1Q 2019 • Consolidated revenue increased by 149.3% to THB 689mn
( COVID-19) situation has improved domestically, following a significant reduction in the number of local infections. However, the continued high rate of overseas infections, combined with Government fears
the 3-month period ending 31 March 2018. 1.2 Approved the entering into the Business Development Advisory Service Agreement between S Hotels (a subsidiary of the Company having 99.99 percent of total
Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For the 4th quarter and year ended December 31th, 2019 2 Management Discussion and Analysis of Business Operation for
palm oil was surged to 500,000 tons in 3Q2019, resulting in an average of crude palm oil (CPO) and crude palm kernel oil (CPKO) prices decreased from FY2018. Even though, the government has agreed to set
performance of power business in 1Q2020 continued to be solid with Normalized Share of Profit of Baht 250.7 million, comparing to Baht 184.8 million of 1Q2019. Sale volume of Utilities business in Thailand is
product. In addition, our engineering business saw the signing of a new project in Indonesia, which will bring positive EBITDA to the business in Q2 to Q4 period. A contingency plan to mitigate the impacts
Ministry has introduced B10 biodiesel as the mandatory diesel in Thailand, replacing B7 biodiesel at the beginning of 2020. Furthermore, the Government has been subsidizing B10 and B20 retail prices, making
targeted to be 19,684 megawatts in 2036. In 2017, the government has continuously promoted power generation from renewable energy occupied with lower development cost. This resulted in a continuous growth of
, medical device business is expected to be growth at an average rate of 8.5-10.0% per year. This growth will be supported by: (i) government policy, focused on promoting investment in the sector through the