previous year by Baht 15 Million or 0.8 percent mainly from the suburban expressway Sector D due to the increase in traffic volume, resulted from the development of the Eastern area. Furthermore, although
boost of the export activities, private consumption and tourism sector. However, the net profit margin was lowered from the increase in selling and administrative expenses while gross margin stay flat
the economy using significant quantities of lime are also showing remarkable growth. The steel industry continued to expand more than 10% year on year. In the construction sector the use of autoclaved
1 MD&A 3Q 2018 (ended 30 September 2018) MASTER AD PLC MANAGEMENT DISCUSSION & ANALYSIS 3Q 2018 6 NOV 2018 MEDIA INDUSTRY Outdoor media has presently become the go-to choice for advertising. It’s
(SES) and the Bang Pa- in - Pak Kret Expressway (Sector C+), toll revenue was closely to the previous year. Cost of service for operation of Expressway business consisted of costs of toll, amortization
statements comprise of the consolidated financial statements and the separate financial statements as compared with the financial statements for year 2016 ended December 31, 2016. The Company’s overall
operation and be independent from other units. Clause 6. A securities company shall separate the units and personnel whose duties, responsibilities, or nature of operation may create conflict of interest, at
standard. Such units shall undertake independent operation and be independent from other units. Clause 6. A securities company shall separate the units and personnel whose duties, responsibilities, or nature
Consolidated financial statements Separate financial statements Transfer pricing policy 2019 2018 2019 2018 Transactions with subsidiaries (eliminated from the consolidated financial statements) Rental income