of previous year. This was due to (1) Drop of loss on exchange rate of THB 13.90 million due to the fact that the Thai Baht value depreciated against US Dollar and the Company had the foreign trade
previous year, compared with the net profit of Baht 176.56 million in previous year. The overall increase in sales is due to the recovery of the Thai economy in 2017, driven by strong tourism, exports and
Government expenses, in both consumption and investment are still expanding and also an important driving factor of the Thai economy. The government agencies have accelerated the procurement process to be
MANAGEMENT DISCUSSION & ANALYSIS 2Q 2020/21 ENDED 30 SEPTEMBER 2020 09 NOV 2020 MASTER AD PUBLIC COMPANY LIMITED 4 13 May 2019 FINANCIAL POSITION From 1 January 2020, the Company has adopted Thai Financial
(Unofficial Translation) Readers should be aware that only the original Thai text has legal force, and that this English translation is strictly for reference. 4 Notification of the Securities and
(Unofficial Translation) Readers should be aware that only the original Thai text has legal force, and that this English translation is strictly for reference. Notification of the Securities and
sales volume has risen up continuously but the export income was directly affected to be reduced from Thai Baht appreciation rapidly and tremendously. However, the company has protected the risk of loss
the existing customers such as Muang Thai Insurance Public Company Limited and revenue from the grant of license from Oracle in the first 3 months of 2020 has decreased by 10.20 THB mn or 71.67% from
Overview In the year 2017, the overall picture of the apparel industry remained stable in line with the Thai and global economy. The sale of goods to foreign countries has been affected by the appreciation