– STRENGTEN DOMESTIC OUTDOOR MEDIA  On 30 October 2019, the Board of Directors approved the acquisition of 50.0% in Hello Bangkok L E D Company Limited with a total investment of THB 1,950mn and an issuance of

clarifies the performance as follows: During the first quarter of 2020, the Company had the total revenue and share of profit and net profit of THB 1,277.8 mm and THB 99.3 mm, respectively. If excluding FX

2020 = THB 84mn o October 2020 – December 2024 = THB 175 per quarter Revenue sharing: 85 – 90% of total revenue to MACO MANAGEMENT DISCUSSION & ANALYSIS 2Q 2020/21 ENDED 30 SEPTEMBER 2020 09 NOV 2020

-September) 2018 2019 THB Mn % (1) THB Mn % (1) Revenue from Sales and Service 736.1 97.2% 759.5 95.7% Franchise Fees Income 15.2 2.0% 22.0 2.8% Other Income 5.7 0.8% 11.7 1.5% Total Revenue 757.0 100.0% 793.2

(33.46) -39.32% Income tax expense (3.53) (1.65) 1.87 -53.13% (10.81) (7.47) 3.34 -30.91% Profit for the period 23.21 9.29 (13.92) -59.97% 74.27 44.16 (30.11) -40.55% Total comprehensive income for the

as well as conducting e-commerce business and online and offline advertising media, in the total number of shares not exceeding 120,808,387 shares equivalent to 33.05 percent of the total outstanding

Management’s Remuneration* 49.02 1.03 40.07 0.93 8.95 22.34 Total Selling and Administrative Expenses 636.84 13.41 570.39 13.17 66.45 11.65 Remarks: * Management means the director, chief executive officer or

sales and services 930.88 855.21 75.67 8.85 Other income 31.75 25.93 5.82 22.45 Total revenues 962.63 881.14 81.49 9.25 Expenses : Cost of sales and services 510.14 468.81 41.33 8.82 Administrative and

acquisition of ordinary shares in Vienna House Thailand constitutes transaction size of 0.0004 percent, calculated based on the total value of consideration paid criteria referred from the Company’s latest

consolidated costs of Baht 1,224.26 million, a 6.78% growth over same period of year 2018 whereas the cost of hospital operations, representing 91.82% of the total, increased by 6.03%. This was mainly caused by