land bank at Paholyothin Road where potentially develop the mixed-use project in the future including boost up management efficiency and reduce risks of entering the share acquisition made by others
export raw frozen chicken parts to China for the first time in more than 10 years was another positive factor to boost export performance more than expected. Japan is the most important export market of
demand, public policies, including those aiming to boost consumption and investment in transportation infrastructure, will support domestic demand. Nevertheless, downside risks to the growth of the Thai
of 2016. Looking ahead into the final quarter of this year, loans are set to maintain growth. Business loans, in particular, are expected to receive a boost from revival in economic activity and the
expanding construction business group supporting the EEC project. In terms of economic stability, employment rate decreased following to the economic situation while the cost of production reduced, especially
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
expanding of production line. By the way, no significant change in sales and service income of Quarter 4 compared to Quarter 3 2019, except sales of electricity of Solar Energy Power Plant which increase by
growth in business operations. In addition, such increase in total asset also resulted from our investments in expanding production capacities at Bangpakong, Chacheungsao province. Total liabilities were
expanding production capacities at Bangpakong, Chacheungsao province. - Translation - Page 6 of 6 Total liabilities were THB 4,436 million, up by THB 1,757 million or 65.6% from THB 2,679 million as of 31
nationwide, with over 1 million sales points. Both joint ventures are expected to become operational by mid-2018. The two joint ventures will enhance both companies’ competitiveness, while expanding business