of listed companies during the COVID-19 outbreak. Due to the possibility of unpredictable outcomes, accounting estimates for the preparation of financial statements can be quite a challenge. In this

amounting to Baht 67 million and Baht 4 million, respectively. The loss was increased by Baht 63 million. Due to the unpredictable spread of Coronavirus (COVID-19), Baht depreciation against US Dollar during

E_1 Legal_FA_2015_12_29-c A WCorpL4.1hig A Executive Summary of Management Discussion and Analysis 1 For the Year Ending December 31, 2018 In 2018, the overall Thai economy maintained its growth due largely to healthier growth of exports and tourism, especially in the first half of the year. Meanwhile, the government continued to implement measures to promote and strengthen the domestic economy through support of investment and private spending as well as bolstering opportunities for other econo...

economic front and greater political issues. Therefore, 2020 will be the most difficult and unpredictable year for the Company. For MACO, we expect the Company’s performance to be negatively affected by the

2 assets, and the remaining 6 assets are in the divestment process. This year, we are still passionate about people development, which will be done through various training and promote a collaborative

will soon be disrupted faster, hence the Company needs to be agile. We are passionate about people development through training, workshop and culture reform. We promote a collaborative and innovative

รดงักล่าวอาจจะบรรเทาลงหากกิจการ สามารถระดมทุนจากผูล้งทุนในอีกประเภทหน่ึงซ่ึงมีความมัน่คงพอสมควรในดา้นสถานะทางการเงิน และมี ธรรมชาติท่ีพร้อมในการสนับสนุนทุนแก่กิจการเหล่านั้น (passionate risk taker

continue to be developed and adopted, tail-end risk remains unpredictable and potentially undiscovered. This may cause incorrect decisions that finally result in losses. The adoption of innovative

can be side-lined for now, the COVID-19 pandemic has, however, shown how vulnerable our health, social and economic systems are to unpredictable and extreme crises. Sustainability has become the

made sustainable development a core principle of business operations not only to mitigate risks that may affect our business undertakings, but also to brace for unpredictable, emerging risks and to