/20180719-maco-vgm-and-tranad- transaction.pdf. Transit Media in MRT Network ,SBK Line, Malaysia http://maco.listedcompany.com/newsroom/270620181831240885E.pdf http://maco.listedcompany.com/newsroom

increased by Baht 44.6 million from increase in unit rate which is adjusted in line with the increase in average natural gas price from the first quarter of 2021. 3 Sales and service income (included revenue

quarter of 2022. However, sales of natural gas power plant decreased by Baht 51.2 million from decreasing in unit rate which is adjusted in line with the decrease in average natural gas price from third

69.73% (285.27) (12.23%) Total shareholders' equity 310.78 11.76% 888.66 30.27% 577.88 185.94% Total liabilities and shareholders’ equity 2,643.35 100.00% 2,935.96 100.00% 292.61 11.07% (Unit : Million

underpricing of risks. The Thai economy in 2017 is expected to grow by 3-4 percent on the back of exports and tourism, in line with the growth of the trading partners. At the same time, public investment in

due to lower prices. Net debt to equity is at 0.99 times, well below IVL’s covenants, and supported by stronger operating cash flow. The dividend payout of THB 1.225/share for 2019 remains higher than

of the prior year. Income tax expenses In 2018, the Group has the income tax expenses of Baht 134 million, which is increased by Baht 73 million or 120% compared to those of prior year. It is in line

%) Profit for the period 4.57 25.02% 6.00 32.98% (1.43) (23.82%) Profit for equity holders of the Company 4.59 25.14% 6.00 32.98% (1.41) (23.45%) Profit for non-controlling interests of the subsidiaries (0.02

33.02 (1.76) (14.62) Profit for equity holders of the Company 10.29 27.95 12.04 33.04 (1.74) (14.48) Profit for non-controlling interests of the subsidiaries (0.02) (0.07) (0.01) (0.02) (0.02) (166.67

66.8% YoY, and gross profit margin was 20.4%, decreased from 29.2% in 1Q17. • Total assetswas THB 12,187.2mn, an increase of THB 1,729.2mn • Debt to Equity ratio2stood at 0.79 times as of 31 Mar 2018