11 FEB 2019 1 MASTER AD PLC MANAGEMENT DISCUSSION & ANALYSIS 2018 MD&A FY 2018 (ended 31 December 2018) MEDIA INDUSTRY AND BUSINESS IMPACT ANALYSIS The overall Thai advertising market has been
as well as B100 discount are weaken, leading to a stable equilibrium between supply and demand in biodiesel industry, as a result, the profitability of methyl ester raised up. Based on these factors
provide special discount packages to clients whose booking and stay period within 31 December 2020 and put its hotels in Thailand on “We Travel Together” campaign launched to promote local tourism industry
spending, higher investment, and the rebound of the tourism industry after a higher vaccination rate. Aside from opening normal branches, the company plans to open small branches similar to Cloud Kitchen to
restaurant business in Thailand (Billion baht) Forecast of the Thai restaurant market in 2023-2024 The restaurant industry in Thailand has begun to recover after the full reopening of the country. The market
-2025 The restaurant industry in Thailand has begun to recover after the full reopening of the country. The market for restaurant services is expected to continue to recover, with a market value of THB
(Billion THB) Forecast of the Thai restaurant market in 2023-2026 The restaurant industry in Thailand has begun to recover after the full reopening of the country. The market for restaurant services is
shares sold of the Company. 1.2 Nature of Business 1.2.1 Income structure1 In case of more than one product line or business group, disclose the income proportion of each product line or business group
registration statement for offering of debt securities. - 6 - SEC Classification : ใชภ้ายใน (Internal) 1.2 Nature of Business 1.2.1 Income structure1 In case of more than one product line or business group
decline in September 2.) growth in private consumption supported by higher household income in various sectors, including agriculture, and recovering consumer confidence, whilst inflation level also grew