surplus impacting exporters’ revenue in Baht terms and negating the positive impacts from the domestic economic expansions. Additionally, trade policies of the United States and relating countries still
last year as a result of declining global demand from the slow economic growth of trading partners, the protectionist trade policies between the US and China and the down-cycle of electronic products. In
) and its subsidiaries were affected by the COVID-19 outbreak which had an extensive impact on the entire world. Economic activities slowed down with significance, which was the factor putting pressure on
medical service concerning health and esthetics. 2. Overview of operating results in 3 quarters of 2019. Continued from the first Quarter of 2019 until third Quarter, the world economic still be tense from
investments by the equity method while lower depreciation due to the change in estimating useful lives of assets at Dusit Thani Manila to reflect the real future economic benefits and in line with the Company’s
1 MASTER AD PLC MANAGEMENT DISCUSSION & ANALYSIS 2017 MD&A FY 2017 (ended 31 December 2017) 12 FEB 2018 MEDIA INDUSTRY AND BUSINESS IMPACT ANALYSIS Thailand’s economic recovery remained on track and
esthetics. 2. Overview of operating results in the Quarter 2’2019. Continued from the first Quarter of 2019 until second Quarter, the world economic still be tense from political crisis in many country and
investment while the Company and its subsidiaries have been continuously affected by the economic slowdown in Thailand in the current year. The sales volume is therefore below the volume of the same quarter of
economic downturn and the outbreak of COVID-19 pandemic. Net Profit and Net Profit Margin • The Company reported net profit in Q4/2020 and 2020 of THB 17 million and THB 55 million, respectively, decreased
previously assessed partly due to delay in infrastruture investment projects. The value of merchandise exports contracted due to weaker global demand as a result of slower economic growth in a number of major