locations, also forecast economic growth4 to contract by -6.2% and -4.4%, respectively. This year will, therefore, be a most difficult year for all businesses. For MACO, we expect the Company’s performance to
economic front and greater political issues. Therefore, 2020 will be the most difficult and unpredictable year for the Company. For MACO, we expect the Company’s performance to be negatively affected by the
- the Company has started the transfer of the ESSE Asoke – our first luxury condominium project in December 2018. We can achieve the transfer progress of 29% of total units sold and expect to complete to
and globally. Hence, we expect the good performance in 2021 to continue to trend upwards into 2022. Yours sincerely, Mr. Yeap Swee Chuan President & CEO http://www.aapico.com/ http://www.aapico.com/
model launches, new product launches and Kaizen activities implemented to reduce the fixed cost of the company during the COVID period, we expect this year to be our good year which we targeted our total
(primarily insurance) dominate savings portfolios throughout working years, with mutual funds being relevant only for high-income workers 1 An average Thai worker can expect their tax-advantaged savings to
, offset by the cost to support network growth in all businesses . As a result, we expect EBITDA margin (EBITDA over total revenue) to be stable from last year (43.4% in 2018). With the full range of
region of Thailand with feed-in tariff structure of 5.66 baht per KWh. The project has reached COD in December 2015 and will operate until December 2040. We expect to consolidate BGYSP’s financial
, offset by the cost to support network growth in all businesses . As a result, we expect EBITDA margin (EBITDA over total revenue) to be stable from last year (43.4% in 2018). With the full range of
improve both capex and opex efficiency. As we aim to lead the 5G market, we will ensure an effective capital allocation to capture growth opportunity. As a result, we expect EBITDA expansion at a low-single