3 more branches in the Bangkok area to access target customers even more comprehensively. International Expansion During the second half of 2023, the Company plans to open the second After You Dessert
served as a reception area and workspace for customers, which can also be used as a space for hosting of various activities that allowed the Company to progressively engage with customers. Recently, the
2024, the Company began selling its own product “Butter Bun” in 7-Eleven convenience stores across Bangkok, metropolitan area, and the Southern region. The Company plans to increase production capacity
Administration. MACO will leverage the benefits of digitalising its prime media inventory - such as higher visual impact advertising - by converting its existing 188 static street furniture panels to 42 LED
adjusted administration and operation strategies to create turnover to return profits to shareholders as soon as possible. In 2019, it perceived clearly that with the effort of the committee, executives and
suitable and in line with other companies in the same industry. Administrative Expenses For the years ending 31 December 2018 and 2019, administration costs increased from THB 448.6 Mn to THB 489.7 Mn
liabilities 0.87 52.39 Issued and paid-up capital 158.31 1.00 Unappropriated retained earnings (losses) (0.73) (0.73) Shareholders’ equity 157.10 0.27 Total revenues 0.00 0.00 Total selling and administration
expenses. As a result, the selling expenses increased from the previous year. Management's Discussion and Analysis and operating results for the Year 2017 Page 5 / 10 3.5 Administration expenses The overall
the higher increase in revenue mentioned above, even though the selling and administration expenses were increased to support the expansion of the business. Earnings before Interest, Taxes, Depreciation
administration expenses amounted to THB 949.06 million, decreased by THB 15.07 million YoY (-1.56%). The decrease was primarily due to a decrease in marketing expenses of THB 68.21 million because there was no