MANAGEMENT DISCUSSION & ANALYSIS 1Q 2019 13 MAY 2019 MASTER AD PUBLIC COMPANY LIMITED NATIONWIDE COVERAGE 1 QUARTERLY BUSINESS REVIEW – 1Q 2019 • Consolidated revenue increased by 149.3% to THB 689mn

. Single House 750 2. Single House 700 - 700 3. Total Sales Volume 2,620 3. Total Backlog 3,000 800 3,800 Performance in Q1/2020 and 2019 Consolidated profit(loss) statements The net profit of the Company

. Outdoor media’s strength is as a medium that reaches consumers when they are on-the-go to create brand awareness with extensive reach. Over the last few years, the outdoor media segment has consolidated

and bill payment transactions made via our four mobile and internet banking channels, i.e., K PLUS, K PLUS SME, K-Cyber and K-Cyber SME; these are the most sought-after services among our retail and SME

of change in qualification of grid interconnection cable required by a private power operator, then also non-negotiable payment period of land purchase for the project under BMP-5, and change in

2565 ADVICE - แนบเอกสารประกอบงบการเงิน-En Statement of Comprehensive Income (Consolidated) (Unit : Million Baht) 2021 2022 Increase (Decrease) %YoYAmount % Amount % Sales and services   14,305.82

2018, resolved as follows: 1. That the audited financial statements including the consolidated financial statements of the Company and its subsidiaries for the six-month period ended 30th June 2018, be

and financial position for the third quarter and the nine months ending September 30, 2017 with those of 2016. This report discusses principal changes in the unreviewed consolidated financial statements

and financial position for the third quarter and the nine months ending September 30, 2017 with those of 2016. This report discusses principal changes in the reviewed consolidated financial statements

follows: Baht’000 Consolidated F/S ∆% Separate F/S ∆% 2019 2018 2019 2018 Revenues from Sales and Services 1,921,477 2,060,114 -7% 1,518,926 1,640,996 -7% Other income 72,604 338,396 -79% 52,158 25,568 104