, 2018 with details as follow; unit: million baht Items 6-month period ended 2017 6-month period ended 2018 changes Amount % Amount % Amount % Revenue from sales of goods . . . . . . Cost of sales of goods

solution and other medical product manufacturing and trading business. Previously the company held 44% of all shares. Later in February 2018, the company acquired additional shares from one of the

”) generated total revenue of 1,815 million baht, increased by 70% YoY and increased by 90% QoQ, mainly due to revenue contribution from the new acquisition of six Outrigger- branded hotels that we acquired in

. In 2019, the Company acquired non performing debt, both secure and unsecure loan, amount 28,933 million Baht (contractual value) with investment of 3,368 million Baht which divided to be almost the

continued offering low-end unlimited data plans in both prepaid and postpaid segments in order to maintain customer base and expand market share. Hence, mobile revenue slightly declined by 0.7% YoY to

Transactions with associates company Interest income 837 909 - - Contract rate Rental expenses 6,059 9,074 4,055 6,101 Contract rate Transactions with related entities Revenue from advertising production 18,786

&A (for three-month period ended 31 March 2020) 4 U CITY PCL Within the Office segment, the revenue grew by THB 21mn or 28.4% YoY to THB 93mn, increasing mainly from the newly acquired office building

Transaction with the acquisition of assets acquired during six months preceding the date of the Company’s Board of Directors Meeting No. 2/2018, the Company has no acquisition of assets, so Ref. WINNER 0009

Acquisition or Disposition Rule. When combining the Transaction with the Ref. WINNER 0009/20108 Page 3 of 8 acquisition of assets acquired during six months preceding the date of the Company’s Board of

MANAGEMENT DISCUSSION & ANALYSIS 3Q 2019 6 NOV 2019 MASTER AD PUBLIC COMPANY LIMITED 1 13 May 2019 QUARTERLY BUSINESS REVIEW – 3Q 2019  Consolidated revenue increased by 54.0% YoY to THB 748mn o