strength as well as effort to maintain monetary return in the eyes of shareholders. Page 3 of 11 Singha Estate Public Company Limited Management Discussion and Analysis 1Q2020 The Company has adopted
outlook as a result from COVID-19 pandemic, MACO will ensure to maintain our leadership in the outdoor advertising network in Thailand through professional management of PlanB. As for focal strategy of MACO
million as a result of the company transferred Short-term Investment in order to maintain liquidity Other Current Financial Assets increased by THB 120 million due to the reclassification of the investment
Application To support the growth in online channels effectively, the Company implemented 2 main strategies aiming at improving customers’ brand loyalty through After You application as follows: 1. Maintain
Equivalent increased by THB 16 million mainly due to the conversion of other current financial assets into cash in order to maintain the Company’s liquidity. • Land, Property and Equipment decreased by THB 42
maintain under the terms (if any)3 Payment Default History No Yes If yes, please explain 2 Specify the calculation formula for ICR and DSCR. 3 Specify the conditions for maintaining the financial ratio under
) the auditor cannot make rectification to maintain qualifications under Clause 23 within the time period specified by such clause; (5) in cases where any auditor attached to an audit firm which does not
evidentiary documentation that demonstrates facts representing such reasonable ground for entering into such transaction and an opinion on the appropriateness for every such transaction, and maintain the
economies of scale, and lower depreciation. • Net Profit Margin in Q2/2023 was 14.2%, slightly decreased from 14.5% in Q2/2022. This shows the ability of the Company to maintain profitability. Q2/2023 vs Q2
for digital transformation remained for Thai businesses to improve organization operational capabilities. Hence, the corporates maintain their needs for quality connectivity services as well as