(Decrease) Million baht % Total Revenues 388.41 388.06 0.35 0.09 Cost of Goods Sold and Services (435.23) (390.44) 44.79 11.47 Sales & Administration Expenses and Financial Cost and Tax Expense (33.15) (20.52

million Baht which lower than the same period last year of 2018 of 9.8 percent. And total revenue for nine-month period was 497.6 million Baht a decrease by 4.0 percent from the same period last year. Due

81.8% to 91.5% that was higher ratio than the increase of selling price. As a result, the company had profit for the period at Baht 9.2 million, a decrease of 80.7 million Baht or 89.8% from the same

operating result for the 1st quarter 2020, revenue from sales decrease from the same period of last year at 5.5%. Gross profit margin is equal to 49.6%. Net profit for the 3-month period ended 31 March 2020

-months period ended 31 March 2020 and 2019 were THB (1.72) and 22.90 million respectively, a decrease of THB 24.62 million or 107.51%. Major reason for sharp decrease in Company net income is due mainly to

& distribution expenses were 2.39 percent, increased when comparing to 2.06 percent of revenue from sales and service in the same period of previous year. This is due to the decrease in sales due to the impacts on

-month period ended June 30, 2020 of Baht 44.23 million, a decrease by Baht 21.17 million from the same period of previous year and for the six-month period ended June 30, 2020 of Baht 85.94 million, a

%, compared to the first quarter of 2020, which was from decrease in utilities sale volume approx. 9.0% during the first half of 2020 and 11.0% for the second quarter of 2020, compared to the first quarter of

(3M 2020) 15 JUL 2020 MASTER AD PUBLIC COMPANY LIMITED 3 During 3M 2020, MACO recorded an operating revenue of THB 612mn, a decrease of 13.7% from THB 710mn in 3M 2019. The decrease was mainly affected

decreased by 77.0% YoY to THB 526mn, predominantly due to the decrease in revenue from hotel operations resulted from the impact of COIVD-19, and lower gain from exchange rates. These were partly offset by an