performance starting from 1 August 2018 after the measurement of fair value of Trans.Ad Group’s identifiable assets was completed. 2019 PERFORMANCE ANALYSIS (YoY) MACO recorded an operating revenue of THB
period last year, mainly driven by improving sales and overall gross profit margin and significantly less losses from the ICUK operation. Not to mention, the Company recorded the allowance for impairment
revenue from initial franchise fee is recorded as both non-current liability and current liability, the portion that is subjected to be recognized as revenue within 1 year is classified as current liability
rate We recorded a loss on exchange rate of Baht 17 million for the six months ended June 30, 2017 compared to a gain on exchange rate of Baht 135 million for the six months ended June 30, 2016. The
and its subsidiaries In the nine-month period of the year 2017, the Company recorded gain on exchange rate of Baht 481.67 million mainly due to the appreciation of the AUD Currency in the nine-month
consecutively), with record high revenue of THB 282, an increase by 45.8% YoY and the high quarterly profit of THB 73mn. Consequently, we recorded the biggest annual revenue and profit in the company history in
had better expense control. 17.1% 13.4% 15.8% 20.4% +15% *Note: There was a loss from the close-down of Don Muang branch amounting to THB 4.2 million recorded in Q3/2018. Management Discussion
increased deferred income tax for allowance for doubtful accounts and the provision for penalty on projects delay, which those additional recorded during the year 2019. And the effect of adoption of the
and maintenance services. The Company booked a net marginal gains from divestment, as equity gain/loss from White Group performance were recorded on a quarterly basis. Osotspa Public Company Limited