than MACO’s Domestic Advertising segment due to higher cost from concession in Transit and Airport media. As a result, overall gross profit margin was decreased by from 37.9% to 11.4%. Selling, General

entered into the MRT Blue Line Concession Agreement with the Mass Rapid Transit Authority of Thailand ( the “MRTA”) on March 31, 2017 for the concession period of 33 years. The MRT Blue Line Project

%) Selling & Administrative Expenses 253.64 223.16 30.48 13.66% Finance Cost 61.61 83.03 (21.42) (25.80%) EBT 175.02 158.75 16.26 10.25% Tax (21.45) (22.25) (0.08) (3.58%) Total Comprehensive Income 153.57

share, declined by 25.5% YoY to THB 3,418mn. Nevertheless, Out-of-home media, which includes Transit, Outdoor and In-store media (collectively, “OOH”) bucked the trend, increased by 12.7% YoY to THB

sales has decreased of Baht 809.1 million, due to sales volume of Particleboard has decreased 21%. The average price of MDF Board and Particleboard have decreased 11% and 8% respectively. 2. Cost of sales

has changed slightly, Particleboard has increased by 19%. 2. Cost of sales Baht 2,392.5 million, increased of Baht 425.5 million. Because the increasing cost of raw material in manufacturing. Financial

and Particleboard have increased by 2% and 12% respectively. 2. Cost of sales Baht 2,463.3 million, increased of Baht 480.6 million. Because the increasing cost of raw material in manufacturing

decreased by 1% and Particleboard has increased by 11%. 2. Cost of sales Baht 9,343.7 million, increased of Baht 1,470.4 million. Because the increasing cost of raw material in manufacturing. Financial status

Particleboard have decreased by 9% and 5% respectively. 2. Cost of sales of Baht 2,161.8 million, increased of Baht 244.5 million, due to increased sales volume of MDF Board and increased cost of raw material in

Public Company Limited entered into the MRT Blue Line Concession Agreement with the Mass Rapid Transit Authority of Thailand (the “MRTA”) on March 31, 2017 for the concession period of 33 years. The MRT