) (129) (100) (720) (761) (5)% Net working capital on acquired /sold Asset (11) (12) 0 (52) (211) (75)% Maintenance Capex (30) (25) (26) (101) (80) 26% Cash Flow After Strategic Spending 31 21 58 45 (309
E_1 Legal_FA_2015_12_29-c A WWCCoorrppLL44..11hhiigg A Executive Summary 1 Management Discussion and Analysis For the Year Ended December 31, 2017 In 2017, Thai economic growth gained traction, buoyed by strong recoveries in tourism and exports. This growth momentum is expected to carry on into 2018, especially amid a brighter outlook in public and private investment. Nonetheless, the business sector remained challenged by new modes of competition in a broader marketplace amid the advancing digi...
, domestic demand would be restrained by elevated household debt, some signs of moderation in earnings and employment in the export-related manufacturing sector, as well as public spending and public
of declines in exports and confidence. Meanwhile, the full impact of government spending on the economy cannot be fully realized due to the delay in the enactment of the Annual Budget Expenditures Act
export prices along with global crude oil prices. Meanwhile, tourism sector and private consumption continued to expand especially on account of spending by medium and high income households, although
consumers have more concerns about spending and sugar intake. RTD fruit juice market and growth is as shown in figure 2 (Source: Nielsen). RTD fruit juice market has been dropping since the beginning of 2017
enterprises’ spending, and private investments driven by increased manufacturing capacities in many industries. Overall, the Thai economy will continue to grow, which in turn could be affected by the
postponement must not hinder the core business, and has to follow the principles of law and must give utmost regard to safety. As such, the company group was able to decrease OPEX spending by approximately 20