MANAGEMENT DISCUSSION & ANALYSIS 2Q 2019 7 AUGUST 2019 MASTER AD PUBLIC COMPANY LIMITED NATIONWIDE COVERAGE 1 QUARTERLY BUSINESS REVIEW – 2Q 2019 Consolidated revenue increased by 161.5% YoY to THB
in the same period of the previous year which increased by 27.1 percent due to the Company and its subsidiaries have set one time provision for additional employee benefits at the amount of 3
& distribution expenses were 2.39 percent, increased when comparing to 2.06 percent of revenue from sales and service in the same period of previous year. This is due to the decrease in sales due to the impacts on
) 3.0% 5.7% -2.7% Total revenue decreased by 11.3% year-on-year. Sales and service income decreased by 10.8%; automotive parts businesses decreased by 16.0% while dealership businesses increased by 3.1
has grown follow- ing the full year benefit of the acqui- sition of the integrated PTA and NDC facility at Decatur, Alabama. Margins for the Necessities business expanded with higher vol- ume and the
total cost increased 5.2% YoY. Total administrative expenses decreased 2.8% YoY. Gross profit ratio and operating profit ratio stood at 48% and 34.8%, respectively. Net profit decreased 8.7% YoY. Overall
amortization cost of right-of-use of assets (ROU) increased THB 387 mn (for the first six months of 2020, recognized cost of rental and services net decrease of THB 449 mn mainly from cost of operating leases
Company for second quarter increased by 57.0 percent compared with last year. Unit: million baht April-June January-June 2020 2019 Variance 2020 2019 Variance MB % MB % WFS-PG Cargo Company Limited 137.5
a profit from continuing operations of Baht 559.74 million. Compared to the same period in 2017 when the loss was Baht 2,241.90 million, the profit increased by 125 percent. Due to total loss from