has been growing steadily due to the continued economic stimulus of the government and the economic pressure in previous year both from domestic and international have been reducing its negative impacts

reflects low operating risk, growing demand for tap water, and reliable stream of cash. 5. Raw Water Business Raw water revenue in the first half of 2017 was 1,310.05 million Baht, decreased by 123.91

. ledgement. uccess in Syn h business se Forw s continues company‘s c mera market. s is growing a e company k value of d e expansion ness in lon xpected to in ss performa pansion and mall project Company ex

employee expenses on growing business, depreciation on building improvement and equipment of the subsidiaries and the provision for doubtful accounts of the Company. Finance cost In 2Q17, the Group has the

proceed its feasibility study for the acquisition of ordinary shares in one profitable and growing private hospital located in the eastern region in accordance with the committed objectives for the use of

Group has the administrative expense of Baht 277 million, which is increased by Baht 104 million or 60% compared to those of prior year. It resulted from the increase in the employee expenses on growing

% Raw Water and Industrial Water Sales 56.5 65.6 9.2 16.2 Wastewater Treatment and Management Services 25.2 34.2 9.0 35.6 as a result of a. the growing demand from both existing customers and new

maximize market opportunities in 2018.” 2. Outlook General economic conditions are favorable: there is growing expectation that Q4 2017 GDP growth in Thailand will have accelerated to 4.5% y/y (versus 4.3

. Including uncertainty from the US economic policy Therefore, the overall of the world economy is growing at a slower rate. While the Thai economy continues to grow at a slow rate as well Although the economy

, MACO has proven its solid domestic credentials with a total network of over 2,000 locations nationwide, and is now well- positioned to capture the growing demand for outdoor advertising in Thailand