IVL as a whole in 2019. o Sharp decline in crude prices (high of $ 83/bbl in 3Q18 versus low of 54/bbl in 4Q18) as we entered in to the weak season led to accelerated destocking in the integrated PET
1 MD&A 2Q 2017 (Ended 30 June 2017) MASTER AD PLC MANAGEMENT DISCUSSION & ANALYSIS 2Q 2017 1 AUG 2017 MEDIA INDUSTRY AND BUSINESS IMPACT ANALYSIS Advertising spending reported a decline of 1.4% QoQ
, decreased by 44.20 million Baht mainly from the advance payment of the project under construction, which would gradually decline following to the progress of the project. 2) Liabilities At the end of June 2 0
Trade and Current Po Current Po Short-term Other Curr Debentures Other non- Total non-c Total Share Assets As of the p higher tha investmen Liabilities As for the baht more term loan decline by times and
as at 31 December 2016 of Baht 2,629 million. The increase is due to the net profit for the period of Baht 315 million. On the other hand, the decline is due to dividend paid to the 6 Company’s
period of Baht 414 million and proceed from non-controlling interests of the subsidiary from increase capital of the subsidiary of Baht 54 million. On the other hand, the decline is due to dividend paid to
than those Q4-2016. - 4 - Selling and administrative expenses The cost of sales in Q4-2017 slightly increased from Q3-2017 as opposed to the decline in the rate change in revenue due to the increase in
use the spandex instead of natural rubber, and the competition is quite high. As a result, the sales of the company of this group is likely to decline in the future. For elastic segment for adult
prices as well as the decline in public and private consumption. The tourism industry, especially in the hotel, transportation and restaurant businesses, was hard hit by the impact of COVID-19 outbreak