MACO’s performance was dramatically affected from lower advertising demand due to the COVID-19 pandemic and global economic uncertainty. Consolidated revenue decreased by 25.9% YoY to THB 512mn o
by SREIT, the Company’s wholly owned subsidiary and REIT manager of SPRIME. Net proceed was recorded as unearned revenue in the Company’s consolidated financial statement and would be recognized as
of 8.96 percent of the net tangible asset value under the consolidated financial statements as at December 31, 2017. Upon combination with other connected transactions over the past six months prior to
than 0.03% but less than 3% of book value of Net Tangible Assets (Consolidated Financial Statements as at 31 December 2017). Therefore, the company would need to disclose this information to The Stock
(2004) dated 29 October 2004 (as amended) where the calculation of transaction size will be based on (1) the financial statements in which equity method is applied of the Company and the consolidated
consolidated financial statements of TSEO for the year ended 31 December 2017 as audited by the auditor and (2) the pro- forma consolidated financial statements of TSEO after the completion of restructuring
) operating results based on its reviewed consolidated financial statements ended 31 March 2018 as follows. Highlights on Q1-2018 Operating results Unit : Million Baht Q1-18 Q1-17 Q4-17 % Change Amount % Amount
the three-month operating results ending on 31 March 2018, which were reviewed by a certified public accountant. In the consolidated financial statement for the period, the Company booked a net loss of
is applied of the Company and the consolidated financial statements of TSEO for the year ended 31 December 2017 as audited by the auditor and (2) the pro- forma consolidated financial statements of
charges U City reported total consolidated revenue of THB 6,976mn in 2018. This represented an increase of 56.6% YoY or THB 2,522mn from THB 4,454mn in 2017. Please note, that the Company has restated its