810mn (vs cash used in operating activities of THB 22mn in 3M 2017). This was derived from loss before tax of THB 159mn, being offset by (i) non-cash reconciling items of THB 3mn and (ii) changes in net

on a material basis. The frequency of the reappraisal depends upon the changes in the fair values of the assets. The change in the aforementioned accounting policy will have impact on the assets

) 25.6% 18.2% 22.3% 6 MD&A 2Q 2018 (ended 30 June 2018) MASTER AD PLC MANAGEMENT DISCUSSION & ANALYSIS 2Q 2018 6 AUG 2018 FINANCIAL POSITION (THB mn) In this quarter, there were 3 significant changes in

-month period decreased by Baht 0.92 million or 0.79 percent and for the 6-month period, the net profit increased by Baht 3.51 million or 1.39 percent. Details of the changes or impacts are described in

changes in fair value of investment, and profit from Exchange rates, etc. ท่ีตั้ง 55/2 หมู ่8 ถ. เศรษฐกิจ 1 ต.คลองมะเด่ือ อ.กระทุ่มแบน จ.สมุทรสาคร 74110 Tel. (66) 0-34877485 - 8 Fax. (66) 0-34877491 – 2 6

. However, this investment budget can be adjusted depending on the changes in future situation such as oversupply situation and tense competition. GFPT Public Company Limited Interim Management Discussion and

of THB 331mn, being partially offset by (i) non-cash reconciling items of THB 451mn and (ii) changes in net working capital of THB 548mn. After deducting cash paid for interest expenses of THB 635mn

have anticipated such changes and begun to expand our services from being solely an OOH advertising platform provider to a unique market leader with exclusive access to behavioral data from our

384,000 birds a day by 2020. However, this investment budget can be adjusted depending on the changes in future situation such as oversupply situation and tense competition. GFPT Public Company Limited

, shareholders’ equity was Baht 1,671.38 million and Baht 1,684.60 million respectively. The major changes were during the period were from the net profit amounting to Baht 108.67 million and dividend payment of