) 781 6 330 2 (451) (58) Finance Costs (16) (0) (15) (0) (12) (0) 4 (27) 3 (23) (38) (0) (49) (0) (11) 30 FX Gain/(Loss) (1) 4 0 (26) (1) (22) (0) (26) (649) 5 (17) 10 0 (73) (1) (83) (797) Shares of

due to lower outstanding debt and higher retained earnings. In 3Q17, finance costs amounted to THB 97 mn, a decrease of 37.3% YoY and 4.9% QoQ. A weighted average cost of debt in 3Q17 was 2.67% per

administrative expenses 98.56 100.45 1.89 1.92% 293.80 301.13 7.34 2.50% Operating profit 428.70 412.15 (16.55) (3.86%) 1,422.44 1,366.98 (55.46) (3.90%) Finance cost 24.89 35.10 10.22 41.06% 81.54 105.82 24.27

176mn, dividends paid of THB 123mn, and a repayment of long-term loan from financial institution and finance lease of THB 13mn. 7 MASTER AD PLC MANAGEMENT DISCUSSION & ANALYSIS 2017 MD&A FY 2017 (ended 31

) (3) (143) (3) (143) (3) (4) 3 (1) 0 (545) (3) (564) 3 (20) 4 EBIT 134 3 68 1 244 5 110 83 176 258 915 5 574 3 (341) (37) Finance Costs (22) (1) (12) (0) (8) (0) 14 (63) 4 (31) (60) (0) (57) 0 2 (2) FX

persons holding equivalent position to the fourth executive and shall include the persons holding the position of manager or equivalent in accounting or finance departments. The Corporate Group’s total

46.5% 1,055.0 2.25 65.2 6.2% Other expenses 207.2 0.42 129.9 0.28 77.4 59.6% 238.6 0.51 (31.4) (13.1%) Finance cost 19.6 0.04 45.2 0.10 (25.5) (56.5%) 39.4 0.08 (19.8) (50.2%) Profit before income tax

the net tangible assets of the Company. The meeting resolved to approve the appointment of Absolute Advisory Co. ,Ltd to be the independent finance advisor of the Company to give opinions on the

through the highway no.402 Kok Loy – Mak Prok at Km.0+000 – km. 0 + 140. Construction contract deliver ownership to the Ministry of Finance. : No. 1/2017 dated 8 September 2018 issue by Ministry of Finance

with regard to trading of government bonds or bonds whose principal and interest are guaranteed by the Ministry of Finance and subject to the regulation whereby the holders of such bonds are entitled to