บริษัท ทาคูนิ กรุ๊ป จ ากดั (มหาชน) เลขท่ี 140/1 ถนนกาญจนาภิเษก แขวง/เขตบางแค จังหวัดกรุงเทพฯ 10160 โทร. 02-455-2888 แฟกซ์. 02-455-2763 TAKUNI GROUP PUBLIC COMPANY LIMITED 140/1 KHANJANAPISEK RD

32% EBITDA 96 135 41% 177 248 40% Net Profit (Loss) for the Company 43 73 70% 77 127 65% Gross Profit Margin (%) 64.2% 66.5% 2.3% 64.1% 66.5% 2.4% EBITDA Margin1 (%) 31.8% 35.5% 3.7% 31.1% 34.3% 3.2

Exchange of Thailand CAZ (Thailand) Public Company Limited (“the Company”) and its Subsidiary (“the Group”) would like to clarify the change in operating result for the year ended 31 December 2019, which

information for any purpose. For further detail, please contact Investor Relations Division of the Electricity Generating Public Company Limited at Tel: 662-998-5150-3 or Email: ir@egco.com mailto:ir@egco.com

. would like to submit the financial statements and information on the performance of the Company and subsidiary companies in Q3/2019 to The Stock Exchange of Thailand as follows: L.P.N. Development Public

Microsoft Word - 2020.07.15_3M 2020_MACO_MDA_EN_Final - Auditor edit MANAGEMENT DISCUSSION & ANALYSIS FOR THE 3-MONTH ENDED MARCH 2020 (3M 2020) 15 JUL 2020 MASTER AD PUBLIC COMPANY LIMITED 1

33% EBITDA 83 103 24% 306 391 28% Net Profit (Loss) for the Company 36 47 31% 118 178 51% Gross Profit Margin (%) 62.9% 65.0% 2.1% 63.1% 64.8% 1.7% EBITDA Margin1 (%) 30.7% 32.1% 1.3% 32.1% 31.8% (0.3

from the recognition of interest expenses from the adoption of Thai Financial Reporting Standards 16 Leases (TFRS 16). The Company has no interest-bearing debt. Unit: THB Million Net Profit Net Profit

statements The net profit and net profit margin of the Company and subsidiary companies decrease 5.34% and 0.81% respectively. The income recognition of three projects completed in Q1/2018 accounts for 32% of

687.43 Million Bath or down by 51.59% due to the reduce number transfer of condominium ownership revenue recognition than the year 2018. This enable the company to recognize the sales revenue. However