The first quarter of 2017/18 (ended 30 June 2017) 1 VGi GLOBAL MEDIA PLC MANAGEMENT DISCUSSION & ANALYSIS 1Q 2017/18 2 AUG 2017 MEDIA INDUSTRY AND BUSINESS IMPACT ANALYSIS Advertising spending

exhausted pipes to automotive industry. For the period of 1st half ended 30th Sept 2017, the Company and its subsidiaries had net operating profit of Baht 166.19 million which accounting for the increase by

to automotive industry. For the period of nine months ended 31st Dec 2017, the Company and its subsidiaries had net operating profit of Baht 200.55 million which accounting for the increase by 34.5

, automotive and the construction industry in which they are the customers of the company and subsidiaries. The said impact therefore has a significant impact on sales volume both in terms of sales price and

confidence in the country’s economy. As a result, from the mentioned factors, the tourist industry which includes the food and retail industries have been positively impacted. AU’s strategic approaches in 2023

revenue was higher than industry growth (in terms of production volume) of 6.1% due to the following reasons: 1) Automotive Parts Business; Higher order, new model launch which started in Q3 last year, new

depreciated. In addition, this was due to a decrease in depreciation expenses from Dusit Princess Korat as a result of the asset disposal in late 2017. Education Business In 4Q18, revenue from Education

Contents Page Executive Summary A 1. Overview of Operating Environment 1 1.1 Global and Thai Economy in the Second Quarter of 2017 1 1.2 Banking Industry and Competition 2 1.3 Regulatory Changes 3 2. Risk

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expanded more than year 2016. In addition, the expansion of automotive industry and tourism sector were said to be another two significant factors that stimulated Thai economic growth for this quarter. The