E_1 Legal_FA_2015_12_29-c A WWCCoorrppLL44..11hhiigg A Executive Summary 1 Management Discussion and Analysis For the Year Ended December 31, 2017 In 2017, Thai economic growth gained traction
WORLD CORP PUBLIC COMPANY LIMITED AYUD: ALLIANZ AYUDHYA CAPITAL PUBLIC COMPANY LIMITED B: BEGISTICS PUBLIC COMPANY LIMITED B52: B-52 CAPITAL PUBLIC COMPANY LIMITED BA: BANGKOK AIRWAYS PUBLIC COMPANY
Airways Public Company Limited and its Subsidiaries Management’s Discussion and Analysis for the year ended 31 December 2019 Executive Summary The Thai economy in the last quarter in 2019 continued to grow
from the existing and new customers. In turn, customer demand is affected by world economic growth and the customer's sales growth. The groups sales revenue are in foreign currency (primarily USD) and
new customers. In turn, customer demand is affected by world economic growth and the customer's sales growth. The groups sales revenue are in foreign currency (primarily USD) and USD currency costs are
. Therefore, the company's performance is mostly affected by its ability to win and retain business from the existing and new customers. In turn, customer demand is affected by world economic growth and the
affected by world economic growth and the customer's sales growth. The groups sales revenue are in foreign currency (primarily USD) and USD currency costs are approximately 60% of sales revenues. The Group
or their customers. Therefore, the company's performance is mostly affected by its ability to win and retain business from the existing and new customers. In turn, customer demand is affected by world