. The average collection period as at the end of this quarter was 95 days compared to 139 days as of 31 December 2018. The increase in average collection period was because of Trans.Ad Group ‘s

March 2018) 14 MAY 2018 MANAGEMENT OUTLOOK In the past few years, MACO has continued to drive the inevitable consolidation of the outdoor advertising industry in Thailand in order to build a stronger

. The company plans to open 10 projects each year with potential markets both in Thailand and overseas. On 31 March 2018, the company has 6 hotels under development under the ASAI brand in Thailand

ratio was 9.2 times; increasing as compared to 2017 of 8.9 times The Company’s outlook after disposing of the Bangkok Edition Hotel, Observation Deck, Retail Cube Building: Property Business Although the

the 16th of January 2020 onwards. March The Thai Government declared an Emergency Situation in all areas of the Kingdom of Thailand due to the outbreak of the COVID-19. Management outlook and future

purchasing power of mid-to-low labor segment. Furthermore, the drought season also decreases incomes of agriculture workforces, and as a result, FSMART (or the “Company”)'s total usage amount decreased

HRC Average Selling Price (Bht./Ton) 18,108 15,709 HRC Cash Margin (Bht./Ton) 1,223 1,334 Unit: million Baht 3rd Quarter 2017 Year-end 2016 Fin an ce S ta tu s Total Assets 31,907 32,615 Total

our fibers business to achieve Assets full potential and Operational excellence across 13 sites of Combined PET and Integrated Oxides and Derivatives segments. As we look ahead for 2020, we feel

15% Credit Rating Others 25,169 8.7% 24,307 6.9% Fitch National rating: AA+ (THA), Outlook: Stable Total Equity 69,394 24% 75,689 22% S&P BBB+, Outlook: Stable Source and use of fund FY20 (Bt mn

. Given the intensified global trade tension, the October 2018 World Economic Outlook of the International Monetary Fund cut its global economic projection for 2018 and 2019 to 3.7 percent, compared to the