economic recovery once the outbreak is contained. Looking forward, the Thai economy will continue to face a high level of uncertainty so the MPC is standing ready to use additional appropriate monetary

expanded at a slower pace compared with the same period last year due to a contraction in merchandise exports resulting from uncertainty in the trade policies of major countries and the Baht’s ongoing

impressive 4.8% growth. Central bank forecasts for the full year are around 4.5% and with inflation only just breaking into the 1-4% target band (1.2% in Q2) coupled with uncertainty around global trade the

March 2020 31 March 2019 Change For the 3 months period ended Page 2 Revenue from Sale of real estate Revenue from sale of real estate for the 3-months period ended 31 March 2020 and 2019 were THB 233.51

%) Corporate Income Tax (13.75) (1.70%) (30.38) (2.76%) (16.63) (54.74%) Net Profit 8.33 1.03% 19.00 1.73% (10.67) (56.16%) For the 9 months period ended 30 September 2020 30 September 2019 Change Page 2 Revenue

MACO’s entire advertising media in Thailand because MACO plans to change its business direction, from direct provider of advertising media services to owner of advertising media. According to the new

was expected to expand at a slower pace compared with the same period last year due to a contraction in merchandise exports and a slowdown in tourism growth resulting from uncertainty about the trade

A String of Earnings Increases, Future Earnings Uncertainty, and Firm Fundamentals* Sarayut Rueangsuwan † Kasetsart University, Thailand August 2015 Abstract Prior literature on meeting or beating

product scope and ultimately face down this competitive pressure. Golden Lime Public Company Limited 3 MANAGEMENT DISCUSSION AND ANALYSIS FOR PERIOD ENDED 31 MARCH 2019 2. Outlook Geopolitical uncertainty

introduce several variables intended to control for the firm’s specific characteristics and other macroeconomic shocks and uncertainty. ❑ Following prior literature on political risk and firm value, we