(Singapore) Private Limited (“VGI MACO”). VGI and MACO holds a 75% and 25% stake in the company, respectively. Later, VGI MACO has entered into a joint venture agreement with Sinarmas Group in order to engage
exports which rose by 5.3% YoY as well as continued recovery in private consumption which expanding by 3.1% YoY. Nevertheless, Thailand's advertising industry reported a decline of 6.0% YoY to THB 101,445mn
distribution expenses (84) (68) (19%) (329) (251) (24%) Administrative expenses (38) (39) 3% (162) (148) (9%) Finance Income 0 0 n/a 3 1 (67%) Finance Cost 0 (3) n/a 0 (11) n/a Profit before income tax expenses
Supply (IPS) which is the private power producers that produce electricity for their own usage or sell directly to customers, for example, the cogeneration power plant and solar rooftop. This inclusion
0.4% Earning before interest and tax 60.96 87.25 -26.29 -30.1% 198.28 253.44 -55.16 -21.8% Financial expenses -1.67 -1.22 -0.45 36.9% -4.30 -4.25 -0.05 1.2% Share of income from investment in associate
155.02 101.48 65.46% Selling expenses 30.19 15.79 14.39 91.13% Administrative expenses 75.07 67.23 7.84 11.67% Finance cost 3.73 3.51 0.23 6.42% Profit before income tax expenses 307.62 147.01 160.61
to pay for the building constructions and machines; because the Company began exercising BOI tax privilege, which exempts the corporate income tax for the revenue from the new factory, the tax expense
200.41 15.10 271.24 9.96 194.55 14.50 77.01 38.43 Administrative expenses 88.77 3.28 51.79 3.90 88.57 3.25 50.95 3.80 36.98 71.40 Profit before financing costs and income tax expense 577.35 21.32 203.93
148.64 154.11 148.23 5.88 3.97 Profit before share loss from investment in joint venture and income tax 19.89 21.82 17.21 22.22 (5.01) (22.55) Share of loss from investment in joint venture (1.00) (0.86