) 0.66 (1,320.00) 0.72 0.05 0.67 1,340.00 Business overview As the coronavirus pandamic (COVID-19) has been spreads to global pandamic, including Thailand. The government has luanched many preventive

(8.9) (2.0) Investment property (net) 193.4 210.7 (17.3) (8.2) Property, plant and equipment (net) 10,473.2 10,261.3 211.9 2.1 Advance payments for constructions and purchasesof fixed assets 149.3 95.2

3,333.5 3,431.5 98.0 2.9% Inventories 1,059.0 1,152.2 93.2 8.8% Restricted deposits at financial institutions 445.0 483.5 38.5 8.7% Investment property (net) 123.8 123.8 - - Property, plant and equipment

subsidiary of the Company operating publication of books and journals business), i.e. disposing 42,250,000 ordinary shares in WPS, equivalent to 84.50 percent of the total number of shares in WPS (“Shares of

or 6.3% from 2016. Growth (y-o-y) Aviation Refuelling Services Business : Aviation Fuel Volume (mil litres) 5,747 5,657 1.6% Flights 287,701 279,266 3.0% Fuel Pipeline Transportation Business : Multi

year 2017 from importing solar equipment for the solar energy business of the company. Such a transaction happened only in year 2017, no more in year 2018. Selling and administration expenses. Selling

Microsoft Word - 2020.08.10_1Q2021_MACO_MDA_EN_V3 MANAGEMENT DISCUSSION & ANALYSIS 1Q 2020/21 ENDED JUNE 2020 11 AUG 2020 MASTER AD PUBLIC COMPANY LIMITED 1 QUARTERLY BUSINESS HIGHLIGHTS – 1Q 2020/21

0.25% year-on-year. Sales and service income increased by 0.64%; automotive parts businesses increased by 0.05% and dealership businesses increased by 1.87%. Automotive part business in Thailand and

Business USD in Millions 3Q17 2Q17 3Q16 3Q17 YoY% LTM 3Q17 LTM 3Q16(R) LTM YoY% Total Production (in '000 tonnes) 2,387 2,223 2,380 0% 9,063 8,244 10% (1) Consolidated Sales 2,174 2,089 1,878 16% 8,148 6,966

Capital Market Supervisory Board No. TorThor. 35/2556 Re: Standard Conduct of Business, Management Arrangement, Operating Systems, and Providing Services to Clients of Securities Companies and Derivatives