Policy applies to the business operators who have been licensed by the SEC Office, the market professionals who have been approved by the SEC Office, other persons approved by the SEC Office, as well as

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

, the Digital Economy, Thailand 4.0 policy, Digital Development Plan for Economics and Society and the bidding of frequency 900 MHz and 1800 MHz. This shall enhance the development of telecommunication

of the Company’s Performance for the three-month period ended March 31, 2020 Baht Million 2019 2020 +/(-) +/(-) % 1. Content Business Revenue from sales of program rights 411.70 417.03 5.33 1.29

quarter (2Q2020), despite the COVID-19 pandemic and flashfloods in some area in Thailand and Vietnam. The major highlights of our business in the first nine months are as follows: - Fashion business: a

QUARTER ENDED 30 JUNE 2017 LH Financial Group Public Company Limited Management Discussion and Analysis for the Second Quarter ended 30 June 2017 Page 2/23 Overview of Business Operation LH Financial Group

: SAWANG EXPORT PUBLIC COMPANY LIMITED SDC: SAMART DIGITAL PUBLIC COMPANY LIMITED SENAJ: SENA J PROPERTY PUBLIC COMPANY LIMITED SHR: S HOTELS AND RESORTS PUBLIC COMPANY LIMITED SMART: SMART CONCRETE PUBLIC

1 FY20 MD&A Advanced Info Service Plc. Executive Summary Mobile business affected by weak economy and competition in data pricing Slowdown in economic and business activities had been observed

participating market operators), investors will be eligible to receive a promotional gift valued at 500 baht. Participating business operators are 22 investment management companies, 14 securities companies, 2

flat service revenue both qoq and yoy. Our mobile business still contracted (-1.5% yoy, -0.9% qoq) but at much lower pace while the home broadband business hit a new high of demand to work from home (+21