1,002.80 million consisted of; 1. Trade and other receivable decreased Baht 138.67 million. 2. Inventories decreased Baht 828.53 million, mostly from goods in transit as of December 31, 2018 which was

materials. Increased in inventories of THB 45.76 million, mainly due to goods in transit for THB 22.58 million. Increase of right-of-use assets (ROU) for THB 302.57 million which is acknowledged for lease

Concession Contracts including of the obligation for extensions of the MRT Pink Line Project and the MRT Yellow Line Project with Mass Rapid Transit Authority of Thailand ("MRTA"). The MRT Pink Line Project

higher than MACO’s Domestic Advertising segment due to higher cost from concession in Transit and Airport media. As a result, overall gross profit margin was decreased from 34.4% to 24.0%. Selling, General

powered by partnership collaborations to better engage our customers with personalized and real-time offerings. • Fixed broadband to leap forward with quality and coverage – FMC (Fixed-Mobile-Content

Company Limited entered into the MRT Blue Line Concession Agreement with the Mass Rapid Transit Authority of Thailand (the “MRTA”) on March 31, 2017 for the concession period of 33 years. The MRT Blue Line

Public Company Limited entered into the MRT Blue Line Concession Agreement with the Mass Rapid Transit Authority of Thailand (the “MRTA”) on March 31, 2017 for the concession period of 33 years. The MRT

entered into the MRT Blue Line Concession Agreement with the Mass Rapid Transit Authority of Thailand ( the “MRTA”) on March 31, 2017 for the concession period of 33 years. The MRT Blue Line Project

domestic business due to higher expenses from concession in Transit and Airport Media, while Trans.Ad Group’s cost is mainly from hardware and software. As a result, overall gross profit margin was decreased

Method of the businesses involving advertising media management with Mass Rapid Transit (“MRT”) in Malaysia and Kuala Lumpur International Airport (“KLIA”). 9. Expected Benefits for the Company 1. The