. Management Discussion and Analysis (MD&A) for 2019 Page 5/5 Looking Forward In 2019, the Company was able to generate revenue from business expansion quite well, which could be achieved according to the target

related to the extraordinary general shareholder meeting and cost of capital increase and consulting fee due to the company accelerated its revenue expansion and improved its production efficiency. 5. Loss

contract was due. 3) Considering more credit tightly and following up on debts closely, this is to prevent incurring bad debts that may be occurred in the near future. 4) Taking care our employees, the Group

the TV sector and traditional media have been in decline and is expected to be surpassed by OOH media (Outdoor, Transit and In- store media) and digital/online spending in the near future. Master Ad

. 3) Gradual expansion of private consumption as consumer confidence continues to improve and 4) Other supporting factors, namely public and private investments and proposed stimulus schemes, such as

waiver until the end of April 2019 ; and 3.) other supporting factors, namely government subsidy to the low-income citizens to stimulate near-term consumption, as well as strong investment outlook in

according to the draft of lease agreement and located on no. 486 Onnut Road (Sukhumvit 77), SuanLuang Sub-District, SuanLuang District, Bangkok .The Company intend to invest in the expansion of its branch

the low-income citizens to stimulate near-term consumption. Meanwhile, internal and external factors that affect the Thai economy are the slowing global economy growth, the inconclusive trade war

investment in infrastructure 3.) growth in private consumption continues despite a lower rate of growth however, government subsidy to the low-income citizens could help stimulate near-term consumption

amount Baht 3.69 million to be 3.35%, because the Company had decrease delivery to be 4.82%. - Immovable property business had decreasing income from last year, Baht 0.46 million near that of second