effectively expand into international markets and PlanB’s capability to leverage our domestic outdoor media assets, particularly in integrating its marketing contents with the largest outdoor media outlets. In

first half of 2019. On the costs side SG&A has again shown further improvement and versus 2017 overall dropped 1% as a percentage of revenue as the synergies of integrating Saraburi Quicklime impact

the Vietnam market – the fastest growing country in Southeast Asia. Within the domestic market, MACO has strengthen its media portfolio by integrating media operations in Thailand with Plan B Media

2016 due to the government has realized the importance and necessity in integrating the information technology to the economic and social sectors by placing certain policies as a stimulus; for instance

growth, OOH and digital/online media, MACO has strengthen our media portfolio through 1) nationwide network expansion, 2) digitizing our media assets, and 3) integrating media inventory with Online

- month 2017/18 performance reflects the results of our focus on integrating the OOH and Online sectors, having recorded solid growth of 28.4% YoY to THB 2,808mn. Adjusted net profit grew by 19.8% YoY to

main business of furniture production as the upstream business, integrating the overall business and drive the capability, profit and the Company’s sustainable growth in the long term. Page 9 11. Opinion

Baht 1,456.31 million is reasonable, as it can support the Company’s main business of furniture production as the upstream business, integrating the overall business and drive the capability, profit and

internationally, we are committed to integrating economic and social value through sustainability-focused management. AEON Thana Sinsap (Thailand) Public Company Limited, a local subsidiary of AEON Financial

; shortages or disruptions of supplies to customers; operational risks of production facilities; costs and difficulties of integrating future acquired businesses and technologies; project and other risks