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
markets. This new partnership will create more business opportunities and strengthen economic cooperation among ASEAN member states, while enriching the pool of funds available for investment in ASEAN. We
an increase in short-term borrowings to use in business operation. Employee benefit obligations increased Baht 1.49 million due to recording as actuarial report. Trade and other payables decreased
of trade receivables. • Contract assets decreased Baht (39) million because of invoicing of engineering business. • Restricted cash decreased Baht (27) million while cash and cash equivalents increased
Management Discussion and Analysis Analysis of Overall Performance The distribution business of the plastic resins, plastic, and petrochemical related products needs relatively high working capital. The key
0.28 Interim Management Discussion and Analysis Analysis of Overall Performance The distribution business of the plastic resins, plastic, and petrochemical related products needs relatively high working
results were satisfactory and confident that they could be able to help improving the Company’s business. SSG Group therefore started negotiating with 7 main trade creditors (including Cargill International
% yoy. despite expanding business activities. This was the result of cost control measures particularly staff and supplies. In addition, during the same quarter of last year, there was non-recurring
with the Company, the “Group” Performance Analysis Income Business categories by 3 mo. Ended 31 Mar. % Change 2562 2561 Mil. Bt % Mil. Bt % Income from Sales 1. Café Sales 2. Non- Café’ Sales (Trading