total usage amount was Bt10,337mn decreasing 0.8% YoY. However, the money transfer service increased continuously with average 30,553 transactions per day, increasing 17.6% YoY. As well as other services
MANAGEMENT DISCUSSION & ANALYSIS 1Q 2019 13 MAY 2019 MASTER AD PUBLIC COMPANY LIMITED NATIONWIDE COVERAGE 1 QUARTERLY BUSINESS REVIEW – 1Q 2019 • Consolidated revenue increased by 149.3% to THB 689mn
) enhancing the variety of our media portfolio and expand our media coverage and 3) supporting the business operation of MACO in Malaysia, and 4) strengthening overall bargaining power from increased economies
is the continuous expansion of rental business at Lumpini Township Rangsit Klong 1. The income from rental at the project has increased 80% from the same period of the previous year. 3 Table 1: Income
attributable to equity holders of the company increased to 3.8%, increased from 20.9% to 24.7% as detailed hereunder, 1. Revenues from sales of real estate, in the period of the first quarter of 2020, amount of
19.80% respectively from the same period of the previous year because of a lower ownership transfer volume and increased efficiency of expenses management and operational costs control. During the last 9
contributed 71.9% of total revenue or THB 368mn, decreased by 14.2% YoY. This was resulted from less revenue recognition from project management. Cost of sales increased by 5.7% YoY to THB 453mn mainly due to
increased income from the sale of electricity generated by a solar power project in Thailand. Selling and administrative expenses - Selling and service expenses In Quarter 3 of 202 0 , selling expenses
growth in revenue from sales of goods in the amount of 261.99 million baht, increased by 12.51 million baht or 5.01% from last year. Resulted from an increase in sales from the product ‘Discs plough’ since
baht or 1% of total revenues. Other revenues was mainly from the continued growth of bad debt recovery that increased by 31% y-y caused by the increased of expedite the legal process. Expenses The