million which has decreased by THB 4.00 million or 20.71% from the 3rd quarter of 2014 was THB 19.31 million. 3. Ports and Terminal Services and Ice Cube Factory Business Revenues from Ports and Terminal

4.00 million or 20.71% from the 3rd quarter of 2014 was THB 19.31 million. 3. Ports and Terminal Services and Ice Cube Factory Business Revenues from Ports and Terminal Services, the subsidiary (AIPT

subsidiaries has selling and administrative expenses for total 66.69 million Baht, which is 8.23 million Baht increased from the Second Quarter Ended June 30, 2016. This is due to that the expanded business

2019, Mana Patanakarn Co., Ltd., which operates real estate business, There is a cost to sell the project. A Space Phase B and Phase C to boost sales from the same quarter of 2018. Also, Advance Prefab

increase in revenue was higher than the industry growth (in terms of volume) of 2.68% year-on-year due to the following reasons: 1) Automotive parts business; Increase in customer orders from existing

the same period in 2016. This was due to the termination of the programmed co-production agreement before the due date at the beginning of 2016 but no revenue recognition from other business, which was

on disposal of assets increased. Net fees and service income decreased as a result of the exemption of transaction fees via digital channels and a decrease in fees from securities business in line with

1 MD&A 2Q 2017 (Ended 30 June 2017) MASTER AD PLC MANAGEMENT DISCUSSION & ANALYSIS 2Q 2017 1 AUG 2017 MEDIA INDUSTRY AND BUSINESS IMPACT ANALYSIS Advertising spending reported a decline of 1.4% QoQ

and Ice Cube Factory Business Revenues from Ports and Terminal Services, the subsidiary (AIPT) were received from the Company who was only customer to AIPT, therefore such transaction will not show in

Cube Factory Business Revenues from Ports and Terminal Services, the subsidiary (AIPT) were received from the Company who was only customer to AIPT, therefore such transaction will not show in Revenue