Revenue was Baht 458.0 million, a 8.5% increase from Baht 422.0 million in 1Q2018 mainly due to increase of Other Utilties Revenue 1,883.2% YoY and Operating Revenue 2.5% YoY. The increase of Operating

% from THB 109mn in 1Q 2018 to THB 457mn, mainly due to the aforementioned consolidation. Trans.Ad Group’s cost structure is characteristically higher than MACO’s core business which is advertising, as a

the same period last year. Due to the adjustment the business strategy to focused on the large project. And the quality of service and products which support the needs of the customers as efficiency. As

and recognized a total of 256 million Baht. The remaining villas are expected to transfer in 2019 and 2020. While the MahaSamutr Country club project is undergoing a minor redevelopment, which is due to

MANAGEMENT DISCUSSION AND ANALYSIS FOR PERIOD ENDED 30 JUNE 2018 3.1. Analysis of Q2 and H1 2018 results The key drivers of Q2 2018 performance on the positive side was the higher volumes (due to both market

Baht 6.20 million in the same quarter of 2017 decreasing Baht 2.87 million or 49.29% decrease due to having 3 service projects with signed contract value of Baht 15.20 million expected to be completed

Global Media (Malaysia) Sdn. Bhd. (“VGM”) which began in this quarter and the full-quarter consolidation of Trans.Ad Group. However, within the domestic market, due to the low seasonality, which led to

is the second time in 1 years while the government’s consumption still growing lower continuously, due to Thailand’s budget for fiscal year 2020 was not announced. Filter Vision Public Company Limited

travel restrictions which affect the number of both Thai and foreign tourists. At the same time private consumption is in a declining trend due to the freeze in economic activity, while the purchasing

medical service concerning healthcare and esthetics due to temporary stop operation because of Coronavirus disease (COVID-19). 3.2 Gross Profit The Group's gross profit was decreased from the same period of