" of the Securities and Exchange Commission (SEC). An English version of the MD&A has been prepared from the Thai version. In the event of a conflict or a difference in interpretation between the two
exchange rate and interest rate risks more vigilantly. Thailand’s long-term economic policies are geared towards strengthening its local economies and developing high-value-added industries to reduce its
management and operation. Presently, the Company holds 99.83% of the total issued and sold shares of GLOW and has completed the delisting of GLOW securities from the Stock Exchange of Thailand on 13 December
international capital flows, which would have repercussions for foreign exchange movements and funding costs during the latter half of this year. In Thailand, most economic indicators in the first quarter of 2018
contracts with customers” (TFRS 15), foreign exchange, and deferred tax asset. Normalized net profit clearly reflects the company's true earnings from its normal operations. In Q1/2019, the NNP was Baht 1,053
Million Courageous Deeds for the Land Project organized by the Foundation for the Thai Society as to admire and support the successful management that can lead the organization to the sustainable success
) 316% Profit before FX and extraordinary items 1,283 2,293 2,755 115% 20% 4,374 6,735 54% Net foreign exchange gain (loss)2 17 (5) 21 25% (515%) 207 (13) (106%) Net profit 1,300 2,288 2,776 114% 21
of GLOW and will acquire the remaining share of 30.89% of GLOW through tender offer process in accordance with the conditions and requirements announced by the Office of The Securities and Exchange
STRATEGIC UPDATE IN 2019 2019 was marked by notable strategic developments for MACO. The company has successfully laid the foundation for growth in Malaysia and Indonesia, as well as expanded its footprint in