installation and water treatment project. While, in the same period of 2017, has one large project only, rain water harvest system project. As a result, revenue from project has increased significantly from the
business due to the seasonal epidemics and diseases that come with the rain, lead to an increase in medical service utilizations. Moreover, the Company believes that demand for medical services that delayed
the Group to expand its media offerings on a massive scale. MANAGEMENT DISCUSSION & ANALYSIS 2019 11 Feb 2020 MASTER AD PUBLIC COMPANY LIMITED 2 INTERNATIONAL MARKET – EXPANDING INTERNATIONALLY ACROSS
implementing a response plan and is continuing to monitor the situation closely in order to conduct the appropriate measures. Hospitality Business The hospitality segment is taking a massive hit, with 53 out of
to conduct the appropriate measures. Hospitality Business The hospitality segment is taking a massive hit, with 53 out of 57 hotels in our portfolio temporarily closed since the second half of March
% utilization rate. While material cost lowered, coinciding with cassava price direction; the main ingredient, from the constant rain. As a result, Ethanol Fuel Business EBITDA was recorded at THB 74 million (+81
travel will return driven by millennial travellers hungry for new experiences. The massive populations of China and India – both with bourgeoning middle classes – will continue to be huge source markets
considering advantage of receiving financial assistance from Mahachai Group at the period of time and situation that the Company faces with massive losses and unable to receive financial assistance from any
and mortgage-backed securities will be allowed to roll off gradually without reinvestment, in order to reduce its massive balance sheet. Meanwhile, the Eurozone, Japan and several other Asian countries
. However, the sales volume of chilled water decreased due to the colder weather because there were more rain during Q2/2017 than in Q2/2016. • Cost of sales of goods and rending of services in Q2/2017