material price and the growth in chicken export volume. In addition, the consolidated EBITDA in 2Q2017 was THB 869 million, an increase of THB 148 million or increased by 20.54% from 2Q2016. In accordance

capture growth and bolster our leadership in OOH media business in overseas markets. BUSINESS OVERVIEW AFTER THE RESTRUCTURING MANAGEMENT DISCUSSION & ANALYSIS 2Q 2019 7 AUGUST 2019 MASTER AD PUBLIC COMPANY

109.9 110.8 -0.9 -0.8 Income tax expenses 31.1 62.6 -31.5 -50.3 Net profit (loss) attributable to equity holders 102.7 410.0 -307.3 -74.9 Net profit (loss) attributable to equity holders Margin (%) 1.6

687.5 -398.4 -57.9% Finance income 21.0 4.0 17.1 431.9% Finance cost -91.3 -123.6 32.2 -26.1% Tax expenses -17.1 -73.8 56.7 -76.8% Net profit (loss) Attributable to Equity Holders 204.8 501.0 -296.1 -59.1

million or -8,561.42% due to revenue from operations was decreased while the overall expenses was increased at the higher rate than the revenue growth. 4 (million) Quarter 2/2020 Quarter 2/2019 increase

to the growth in sales of dessert cafés due to same-store sales growth, corresponding to the increase in the number of dine-in customers and higher sales per bill, as well as the increase in After You

to the growth in sales of dessert cafés which was a result of same-store sales growth as well as the increase in After You branches. R E V E N U E : • The Company’s Gross Profit in Q3/2023 and 9M/2023

of mobile phones. VGI continues to outperform the overall market posting significant revenue growth of 36.5% to THB 852mn, driven by the robust performance our OOH and Digital Services businesses

, AIS’ core service revenue dropped -3.2%YoY, while EBITDA (pre-TFRS16) still maintained growth of 1.8% with 45.5% EBITDA margin and NPAT decreased -7.1%. For FY20, our core service revenue and EBITDA

the Bank of Thailand and Office of the National Economic and Social Development Board data. Thailand’s economy in the first quarter of 2023 expanded by 2.7% y-y, accelerating from 1.4% y-y growth in the