2017, the loss was Baht 0.53 million, a decline of 15,684%. The Company would like to clarify significant changes in the Group’s operating results are as follows: 1. Revenues from sales and services for

exercise of warrants and has reserve cash to pay for raw materials and more inventory of 190.16 Million Baht, decline in short term investment of 121.99 Million Baht due to subsidiary (RWI) paid for raw

period of 2017, the profit was Baht 3.67 million, a decline of 3,689.37%. The Company would like to clarify significant changes in the Group’s operating results are as follows: 1. Revenues from sales and

period of 2017, the profit was Baht 3.67 million, a decline of 3,689.37%. The Company would like to clarify significant changes in the Group’s operating results as follows: 1. Revenues from sales and

business is similar or support existing business In 1939, FKRMM was the manufacturer of motorcycle tire and tube under FKR brand, having FKRM as a distributor. In 2014, FKRMM ceased its business and transfer

power plant in Buriram province which is during the repairing the damages of equipment during the power generation therefore resulting in decline of gross profit. (3) Expenses The company and its

more short term loan of 299.49 Million Baht, trade receivable and other debtor of 282.30 Million Baht (more external trade account receivable of 320.49 Million Baht thus decline in accrued income of

406.89 Million Baht decreased 36.83 Million Baht or 8.3 percent when compared to the same period of previous year was 443.72 Million Baht. Subsidiaries have decline in sales of steel wires and subsidiaries

1 MD&A 2Q 2017 (Ended 30 June 2017) MASTER AD PLC MANAGEMENT DISCUSSION & ANALYSIS 2Q 2017 1 AUG 2017 MEDIA INDUSTRY AND BUSINESS IMPACT ANALYSIS Advertising spending reported a decline of 1.4% QoQ

the same period last year. The decline in sales of industrial water systems was due to the special orders of a project contractor in the previous year. In the first quarter of 2018, there was only a