business strategies and to reduce inequality in their business operations. In so doing, SEC also focuses on fostering a favorable ecosystem for sustainable development by taking into consideration all

particularly the tourism sector, Q1 outlook is optimistic for Golden Lime as the new dolime product gains traction and with the positive impact from the sugar season. The delayed 3.2 trillion baht budget is

V3 27/02/63 0 V3 27/02/63 1 Management Discussion and Analysis Overview of the Economy and Banking Industry Thai Economy in 2019 In 2019, the Thai economy grew by 2.4 percent year-on-year, down from 4.2 percent in 2018. Against the backdrop of a global trade slowdown and US-China trade uncertainty, merchandise exports and imports for the year contracted by 2.7 and 4.7 percent from 2018, respectively. Private investment slowed to 2.8 percent from 4.1 percent in 2018 while manufacturing production...

period of time and had a favorable track record, these subsidiaries would seek financial directly from financial institutions. They would be less dependent on their parent company. This would help MK Group

favorable EBITDA stemmed from not only the revenue growth but also the effective cost control as mentioned above. Financing Cost The financing cost increased from merely THB 0.3 million to the amount of THB

beginning. After the subsidiaries operated for a period of time and had a favorable track record, these subsidiaries would seek financial directly from financial institutions. They would be less dependent on

Exclusive Opportunities Comprehensive Development There are 3 key development aspects of the EEC equipped with various mechanisms under the EEC Act 2. Favorable Ecosystem • EEC Demand-Driven Education

liquidity suggesting incumbent shareholders can exit on more favorable terms. • Mixed payment terms are used with warrant issues pending are used suggesting in- coming firms also carry valuation risk

its core business and disposition of non-performing business units achieving a favorable result by no realizing of depreciation and carrying successive losses of Power Plant business performance. • Net

necessary items, decrease in spending frequency and low-price favorable from consumer and retailer must also rely on promotion and marketing campaign. (Source : 3Q18 BOT Economic Report/EIC Outlook quarter 4