16.1% YoY, driven by C-Vitt, a strong No. 1 brand in the category, whose market share successfully booked a new record high of 31.3% (+580 bps YoY). Osotspa anticipated a stronger C-Vitt growth in 2H’20

Depreciation Costs of new projects despite higher Gross Profit from Solar rooftop projects ii) Baht 37.0 million decrease of Other Income mainly due to GIPP dividend income of Baht 30.0 million booked in 2Q2019

of systematic management of supply chain, the Company is currently under the studying process to establish a new factory to produce other packaging items mainly for captive consumption and may consider

obsolete inventories in 2018 amounted to 1,080 million baht, go up from 968 million baht in 2017. - Investments in associated companies as of 31 December 2018 were booked at 536 million baht for the

) AI Energy Public Company Limited. March 31, 2017 the Company has booked the allowance for the dilution in inventories value for THB 12.58 million. 2. Cost of Sales – Edible Oil - In 1st quarter of 2017

booked in September 2016. Gross Profit 4Q17 gross profit grew by 121% YoY and 209% QoQ, mainly from the recognition of the upfront lease payment of Singha Complex, as mentioned previously. Profit margin in

5.84 40.07 Total Equity 13.07 24.80 24.91 Total Revenue 12.01 11.98 5.91 Net Profit 8.89* 2.72 (0.11) Remark: *IGEN-ENERGY booked profit from debt discharge amounting 9.61 million. 8. Expected benefit to

profit being generated in this quarter. The media is now fully booked until the first quarter of next year. MANAGEMENT DISCUSSION & ANALYSIS 3Q 2019 6 NOV 2019 MASTER AD PUBLIC COMPANY LIMITED 2 13 May

of Phase 1B was already booked in this period, resulting into a loss during November to December as abovementioned. Share of Profit from Investments in Associates from Power Business during 2019 was

impact of the increased cost environment. Though we have increased marketing expenses for year-end campaign promotions, a one-time reversal of accrued expenses booked in this quarter resulted in the total