SMEs which features working capital with repayment and re-borrowing flexibility  Expansion of the customer base within value chains, especially among businesses with brighter growth prospects, namely

E_1 Legal_FA_2015_12_29-c A WCorpL4.1hig A Executive Summary of Management Discussion and Analysis 1 For the Year Ending December 31, 2018 In 2018, the overall Thai economy maintained its growth due

mainly affected from the depreciation, as well as bank loan repayment. Total liabilities were Bt2,184.60mn, decreasing 18.0% YoY, as a result of decreasing in both short-term and long- term loans. Total

has a growth in revenue from sales of goods in the amount of 200.62 million baht, increased by 14.21 million baht or 7.62% from last year. Resulted from an increase in sales from the product ‘Discs

THB 302.96 million from those of same period last year mainly attributed to the corporate and business strategy restructuring in 2019 in order to enhance corporate efficiency and growth contributing to

growth in revenue from sales of goods in the amount of 261.99 million baht, increased by 12.51 million baht or 5.01% from last year. Resulted from an increase in sales from the product ‘Discs plough’ since

1,633.8 million in 2017 mainly due to increase of Operating Revenue 7.0% YoY. The increase of Operating Revenue was attributable to growth of industrial water’s sales volume mainly from 5 SPPs operating

% YoY. The revenue comprised Billboard and Other revenue of THB 153mn, Street Furniture and Digital revenue of THB 108mn and System Integration Services revenue of THB 428mn. The revenue growth mainly

the street, in office buildings and in shopping malls. These changes have resulted in the significant growth of outdoor and online advertising and the decline of traditional media, as brands and clients

406.2 million in 3Q2017 mainly due to increase of Operating Revenue 4.9% YoY and higher Other Revenue. The increase of Operating Revenue was mainly attributable to growth of industrial water’s sales