because of Baht appreciation. Business outlook for Q1/2020 was expected that Thailand economy would be depressed compared to the same period of 2019, in line with economic and the slowdown of private
capture growth and bolster our leadership in OOH media business in overseas markets. BUSINESS OVERVIEW AFTER THE RESTRUCTURING MANAGEMENT DISCUSSION & ANALYSIS 2Q 2019 7 AUGUST 2019 MASTER AD PUBLIC COMPANY
outbreak control measures are being gradually relaxed and Vaccination is more progressive. 2). The effect of outstanding demand from the previous period and 3). Government measures that continue to bolster
outbreak control measures are being gradually relaxed and Vaccination is more progressive. 2). The effect of outstanding demand from the previous period and 3). Government measures that continue to bolster
depressed. Average Price 3Q2019 3Q2018 %YoY 2Q2019 %QoQ 9M2019 9M2018 %YoY (USD per ton) Fatty Alcohols (1) - Short Chain 2,848 3,822 -25% 3,030 -6% 3,042 3,761 -19% - Mid Cut 1,033 1,351 -24% 1,110 -7% 1,128
period of previous year, resulting from purchasing power of China depressed mainly from US-China trade war and depreciation of Yuan (CNY) against US dollar. Besides, the extreme fluctuation of crude palm
2018 & 2019 (Avgol, Kordana, Schoeller, UTT). The EBITDA however decreased 9% YoY due to depressed margins in IPA business and lower Rotterdam production. On a LTM 2Q2019 basis, the absolute EBITDA
large infrastructure projects will continue to support the economic growth and help bolster private investment recovery going forward. Nevertheless, monetary policies in the US and Europe necessitate
for business expansion to bolster their competitiveness. Along with this, our customers were encouraged to apply innovations and digital tools to their business undertakings for sustainable growth
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 largely to healthier growth of exports and tourism, especially in the first half of the year. Meanwhile, the government continued to implement measures to promote and strengthen the domestic economy through support of investment and private spending as well as bolstering opportunities for other econo...