. 2018 The Admin. in 9-month/ 2018 was THB 106.6 million and THB 75.45 million in 9-month/ 2017. The THB 31.15 million shift was mainly due to Don Muang closure expense in June resulting in THB 4.24

closure of non- performing stores and a shift to delivery service. Other business units Unit: Million Baht Q1/2020 Q1/2019 %YoY Q4/2019 %QoQ Revenue from other businesses 9.22 8.84 4% 10.14 (9%) EBITDA

resultant growth in EPS. Last 12 months has seen steady to stronger integrated industry margins compared to previous period and IVL is a testimony of an announced plan of pursuing earnings-accretive growth in

 Core EBITDA per ton rose to $153, all time record high, driven by accelerating momentum across our global integrated PET platform, while our HVA business had mixed results, with gains in PEO and

1 MD&A 2Q 2018 (ended 30 June 2018) MASTER AD PLC MANAGEMENT DISCUSSION & ANALYSIS 2Q 2018 6 AUG 2018 MEDIA INDUSTRY In recent years, advertising industry has witnessed the shift in the media

integrated tourism complex (“1st Phase Development”). • In February, the Company entered into an Equity Purchase Agreement with conditions precedent to invest in six Outrigger-branded hotels (totaling 859 keys

การท า Integrated Marketing Communications โดยบรษัิทฯ เป็นผูใ้หก้ารสนบัสนนุทางการตลาด ในบรเิวณโรงภาพยนตรแ์หง่หนึง่ในหา้งสรรพสนิคา้ขนาดใหญ่ เพือ่เป็นการสรา้งแบรนดใ์หเ้ป็นท่ีรูจ้กัมากยิ่งขึน้ คา่ใชจ้า่ยใน

the integrated digital media business. And the Company has the highest number of caravans in Thailand, 117 caravans for servicing various locations on Thailand in the year 2019, increased 179. 2% from

chance to gain the new group of customers to use the service via Boonterm kiosk. Moreover, the Company plans to launch new services constantly which are diverse and integrated to meet the customers’ needs

which are diverse and integrated to meet the customers’ needs nowadays and to create opportunity to expand both of new and regular customers for using Boonterm kiosk and increase the Company’s growth.