% 2. ECONOMIC SITUATION Thai economy in Q2/2019 moderated from previous quarter. The global demand weaker from protectionist trade policies between the US and China, which effected to export sector

due to the unfavorable economic and industry conditions i.e. Thai energy drink market, according to Nielsen data, reduced by 2.8% in 2017 and shrank by another 3.6% in the 1Q/2018 as compared to the

/2018 Processed price data from: Metal Expert Overview of Thai Steel Industry ISIT had reported the domestic steel-production Q1/2018 was at 1.95 million metric tons, increasing 8.06% compared to the same

The first quarter of 2018/19 (ended 30 June 2018) 1 VGi GLOBAL MEDIA PLC MANAGEMENT DISCUSSION & ANALYSIS 1Q 2018/19 8 AUG 2018 MEDIA INDUSTRY The Thai advertising market has been shaped by major

(down 40% yoy) because FA EBITDA margin was decreased from lower Market P2F margin. However, the company recognized profit of THB 27 million from investments in the Thai Ethoxylate Company Limited (TEX

uncertainty of US economic policy. However, the global economy has continued to improve. Thai economy is growing as slowly which the tourism and exports were driving force in the first half year. Income and

mobile wallet platform “VIA” with an aim to facilitate seamless cross-border payment for both Thai and Singaporean travellers, while playing an important role in being the operator ready to provide a cross

company recognized profit of THB 46 million from investments in the Thai Ethoxylate Company Limited (TEX) which produces Fatty Alcohol Ethoxylate (Derivative Product of FA). Lastly, the company had gotten

target from THB 4,400 – 4,600mn to THB 5,000mn and expect the net profit margin of 20 – 25%. ………………………………….. Chitkasem Moo-Ming (Chief Financial Officer) 2 Source: Thai e-Commerce Association

/2014 – Q3/2018 Processed price data from: Metal Expert Overview of Thai Steel Industry ISIT had reported the domestic steel-production in Jan. – Sep. 2018 was at 5.52 million metric tons, increasing