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

company’s results of 2020 • COVID 19 impacted positively to revenue in rice business of 16% for 3-month period ended June, via modern trade channel and export channel. • Profit of rice business for 3-month

of 11.89 million baht, as the Company announced to the Stock Exchange on July 8, 2024. Additional clarification as follows: 1. The company has stopped the fresh fruit export business since July 24

654 3323 560.86 1,194.14 469.20 227.29 2,434.12 6,114.97 Others revenue Revenues from food and beverage business Revenues from property business 2018 2019 2.6% 27.7% 69.7% 2018 Others revenue Revenues

range between 31.75-48.95 Baht per Kilogram which decreased from the 2nd quarter of 2022 was in range between 52.50-61.22 Baht per Kilogram or decrease 32% (Source : DIT, Ministry of Commerce). Due to the

margin to enhance net profit margin in its core business and revenues from Synergy among Jaymart Group of Company. Moreover, the Company was able to increase other revenues – food and beverage business and

repayment of long-term borrowing in the solar energy business. • Trade and other payables decreased by Baht (34.78) million as due of payment. December 31 December 31 2018 2017 Change Current assets 927.84

Microsoft Word - MD&A_E Q3_2562 ต้นฉบับ Management Discussion and Analysis: MD&A 1. Company Situation The company’s core business revenue for Q3/2019 has been going steady, no major increase or

) completely and also certified the standard on Waste Process Enhancement Project for waste management operator in the gold medal level. For the real estate business, the Company was the sales amount from the

business, most of the revenue come from condominium project and commercial building project. Genco and its subsidiary have signed agreements to sell their piece of land and both agreements are due in Q3/2018