Position Analysis Assets As of 31 December 2020, and 31 March 2021, the company had total assets of THB 2,689.0 Mn and THB 2,627.5 Mn respectively, a decrease of THB 61.4 Mn or 2.3%. The assets decreased

of approval for the re-appointment of (1) Dr. Damri Sukhotanang ; (2) Miss Charanya Sangsukdee; and (3) Mr. Satit Hemmondharop, who would retire by rotation to resume the position of the board of

for consideration of approval for the re-appointment of (1) Dr. Damri Sukhotanang ; (2) Miss Charanya Sangsukdee; and (3) Mr. Satit Hemmondharop, who would retire by rotation to resume the position of

kitchen and home appliances. Meanwhile, the Company has taken immediate and significant measures to control our costs and protect our financial position, which has subsequently minimized the impact of COVID

has financial position that changed from its financial status as of December 31, 2019. The changes are described as follows: Assets Items that has significant changes Balance by Quarter Change Q1–20 Q4

2020/21 ENDED JUNE 2020 11 AUG 2020 MASTER AD PUBLIC COMPANY LIMITED 4 FINANCIAL POSITION From 1 January 2020, the Company has adopted Thai Financial Reporting Standards (TFRS) 9 – Financial Instruments

MANAGEMENT DISCUSSION & ANALYSIS 2Q 2020/21 ENDED 30 SEPTEMBER 2020 09 NOV 2020 MASTER AD PUBLIC COMPANY LIMITED 4 13 May 2019 FINANCIAL POSITION From 1 January 2020, the Company has adopted Thai Financial

34.8 Grand Total -Non Recurring 192.88 50.4 109.84 43.8 83.03 75.6 Grand Total Revenues 382.82 100.0 250.79 100.0 132.03 52.6 Financial Position As of 30 September 2020 and 31 December 2019, the Company

Net profit reached THB 293m or 13% improvement from the same period last year. Essentially, both Residential business and Hospitality business attributed to such increment. Financial Position and

2Q18 as gain from fair value adjustment of investment property. Page 7 of 7 Management Discussion and Analysis 2Q2019 Financial Position and Capital Structure As at 30 June 2019, the Company reported