remained the main growth driver, while private investment expanded at a slower pace than previously assessed. The value of merchandise exports continuously decelerated from the previous quarter due to the
1 MD&A 2Q 2018 (ended 30 June 2018) MASTER AD PLC MANAGEMENT DISCUSSION & ANALYSIS 2Q 2018 6 AUG 2018 MEDIA INDUSTRY In recent years, advertising industry has witnessed the shift in the media
growth resiliency of CPN’s operating results despite the ongoing major renovation at CentralWorld and the transfer of CentralFestival Pattaya Beach to CPN Retail Growth Leasehold REIT (“CPNREIT”) in
Page 1 of 6 Performance Overview In 3Q17 Singha Estate Public Company Limited (“the Company” or “Singha Estate”) reported a total revenue growth of 82% YoY, mainly from higher contribution from
of transfer, 4 of which under development and 1 low-rise residential project for sale (totaling 71 units in all phase), which includes the properties transferred to CPN Retail Growth Leasehold REIT
important economic growth driver. For the banking sector in the year 2017, overall commercial bank loans expanded at a greater pace than the previous year, in both corporate and consumer loans, in line with
increased as the target and the direction in the third and fourth quarters still support the growth of businesses Management Discussion and Analysis (MD&A) for Q2/2019 Page 2/7 Jaymart Public Company Limited
million THB from 2017. It is the income recognized from 11 projects completed in 2018, 54% of which is recognized from sales of the projects and 46% from the liquidation of ready-to-move-in projects
while revenue from residential projects is expected to increase in 2H19 and accordingly with CPN’s business plan. In 2Q19, growth in the Thai economy decelerated primarily driven by a decline in export