purchase order for slit of steel. In addition, the Company recognized more inventory in-transit which not made a payment in abroad trade payables. Non-Current Liabilities The Company’s non-current

with plan, even though some stores in Bangkok are still affected by the construction of mass transit projects. The extended period of hot weather in many areas during April and May, where temperatures

goods in transit as of December 31, 2018 which was imported according to purchase orders and delivered to customer in January 2019. Total Liabilities was Baht 1,860.04 million, decreased Baht 868.59

1,002.80 million consisted of; 1. Trade and other receivable decreased Baht 138.67 million. 2. Inventories decreased Baht 828.53 million, mostly from goods in transit as of December 31, 2018 which was

materials. Increased in inventories of THB 45.76 million, mainly due to goods in transit for THB 22.58 million. Increase of right-of-use assets (ROU) for THB 302.57 million which is acknowledged for lease

own, with standards comparable to those of the regulatory sandbox, in order to support the development of innovations and shorten the time until market launch. The move will help increase efficiency in

Concession Contracts including of the obligation for extensions of the MRT Pink Line Project and the MRT Yellow Line Project with Mass Rapid Transit Authority of Thailand ("MRTA"). The MRT Pink Line Project

higher than MACO’s Domestic Advertising segment due to higher cost from concession in Transit and Airport media. As a result, overall gross profit margin was decreased from 34.4% to 24.0%. Selling, General

prepaid market which the Company sees the opportunity in steady growth in 2018. The Company plans to launch new services, e.g. money transfer service, bus ticket payment, utility bill payment, insurance

launch of Singha Complex in late 2018. 2019 Net profit at THB 1,209m, or 16% decline YoY, due to various factors, namely profit margin during early stage of 2 hotels in Crossroads project phase 1