Microsoft Word - 2020.02.11_FY 2019_MACO_MDA_EN_Final MANAGEMENT DISCUSSION & ANALYSIS 2019 11 Feb 2020 MASTER AD PUBLIC COMPANY LIMITED 1 YEARLY BUSINESS HIGHLIGHTS – 2019 Consolidated revenue
OPERATION (Unit : Million Baht) Consolidated Financial Statements 2019 2018 % Change Total Revenue 1,857.2 1,708.3 8.7% - Utilities Business 1,847.1 1,705.1 8.3% - Operating Revenue1 1,734.3 1,679.7 3.3
Limited (the “Company”) submitted its separate financial statement and its consolidated financial statement for the year of 2017 ended on 31 December 2017 which were audited by the auditor. The Company
charges, one-off expenses and profit/loss from discontinued operation ** Excludes impairment charges and one-off expenses U City reported total consolidated revenue of THB 1,783mn in 3Q 2018. This
QUARTERLY BUSINESS HIGHLIGHTS – 3M 2020 Consolidated revenue decreased by 13.7% YoY to THB 612mn o Advertising revenue increased by 3.1% YoY to THB 270mn o System integration services revenue decreased by
business increased by Baht 63 million, comparing to Q3/2018, mainly due to the recognition of the operating results of Paju ES and an increase in the operating results of EGCO, GPG and KEGCO. On the other
determined that commission paid to obtain a customer contract should be recorded as an asset and amortized to expenses on a basis that is consistent with the pattern of revenue recognition. Under the previous
contract should be recorded as an asset and amortized to expenses on a basis that is consistent with the pattern of revenue recognition. Under the previous accounting policy, the Group immediately recorded
Company”) reported consolidated operating revenue of THB 312 million in Q3/2019 and of THB 911 million in 9M/2019, which increased by 45% from Q3/2018 and 47% from 9M/2018, respectively. • The increase was