pave the way for the companies in preparation for cross-border securities offering, which would help support investors? confidence. The international standards adoption would allow investors to study the

3Q17, sales progress reached 91%. The project was due to complete in 3Q19. Management Discussion and Analysis 3Q17 & 9M17 Consolidated Financial Results Page 2 of 6 • In February 2017, the Company

- ร่าง - 1 August 14, 2018 Subject Management Discussion and Analysis for the period of three months ended 30th June 2018 To President of the Stock Exchange of Thailand Secretary of the Office of

(Translation) NEP-AC 003/2563 13 Aug 2020 Subject: Management Discussion and Analysis for Q2 end of 30 June 2020 To : The President The Stock Exchange of Thailand Operating Result NEP Realty and

วันที่ 15 ตุลาคม 2545 1 NO. (SUTHA-SET) 003/2019/EN 26 February 2019 Subject: Management Discussion and Analysis of the Company and its subsidiary for the year ended 31 December 2018 To: The

(Translation) February 27, 2019 Ref: SET-2019-003 Re: Management's Discussion and Analysis and operating results for the Year 2018 Attn. to: President The Stock Exchange of Thailand Filter Vision

Microsoft Word - 2020.07.15_3M 2020_MACO_MDA_EN_Final - Auditor edit MANAGEMENT DISCUSSION & ANALYSIS FOR THE 3-MONTH ENDED MARCH 2020 (3M 2020) 15 JUL 2020 MASTER AD PUBLIC COMPANY LIMITED 1

of Eastern Printing Public Co., Ltd. (EPCO) for the year ended December 31, 2017 is Baht 207.19 million in comparison with net profit of Baht 118.74 million for the year 2016, an increase of Baht 88.44

Revenues The total revenues of the Company for the first quarter stood at Baht 747.9 million, an increase of Baht 518.1 million or 225.4% when compared to the same period last year. Total revenues

subsidiary reduce because GJ Steel increase registered capital which lead to the increase in number of shares, hence, Management’s Discussion and Analysis (MD&A) for year 2017 13 the Company shareholding