advertising and marketing tools. 2018 was another all-time high financial record for MACO – a culmination of 4 consecutive years of record-breaking achievement – having achieved revenue and net profit of

Income Total Revenues (Million Baht) Quarterly Change Six-month End June 30, Change 2/2017 2/2016 % 2017 2016 % Revenue from sales Domestic sales 104.6 117.8 (11.2) 241.4 238.5 1.2 Export sales 391.0

. Statement of Comprehensive Income Total Revenues (Million Baht) Quarterly Change Nine-month End September 30, Change 3/2017 3/2016 % 2017 2016 % Revenue from sales Domestic sales 111.5 139.9 (20.3) 352.9

net profit amount of Bath 105.72 million or Baht 46.49 million decreased which details are as follows; (1) Revenue from sales In 2018, the Company and its subsidiaries had total revenue from sales at

total revenue was THB 305.92 million, a 27.46 percent decrease compared to the same period of the previous year, which was THB 421.74 million, with a 86.73 percent decrease in profit attributable to the

SUBSIDIARY MANAGEMENT DISCUSSION AND ANALYSIS (For the Consolidated Financial Statements of the Year Period Ending December 31, 2018) (1) Overall Operating Results For the year 2018, the total revenue from

. Ended May 31, 2017, audited by auditors. The details are as follows 1. The Company's total revenue is Baht 1,145. 18 million, a decrease of Baht 80 . 8 2 million or 6. 59% from the same period of last

Baht) Q3/2017 Q3/2016 Change Revenue 186 227 (41) Gross profit margin 62 89 (27) Selling Expenses 17 28 (11) Administrative Expenses 18 19 (1) Finance cost 5 5 - Net profit 19 28 (9) In overall, the

2017 ended December 31, 2017 of the Company and its subsidiaries, as shown below : (Unit : Million Baht) 2017 2016 Change Revenue 837 849 -1.4% Gross profit margin 293 342 -16.7% Selling Expenses 80 96

the Q2/2019, the company and its subsidiaries have the total revenue from sales in amount of Baht 2,406.0 million which is decreasing from the 2018 at equivalence of Baht 384.4 million, about 14%. These