’ equity 879.79 2,175.73 2,613.16 Total revenues 521.26 1,495.33 188.20 Total expenses 462.24 1,312.85 112.08 Finance cost 0.45 5.59 9.55 Income tax - 29.48 - Equity 58.57 147.41 66.57 5. The total value of

not executive management or controlling shareholders from the past until current and shall not be after the acquisition of SEL. Thus, such transaction is not considered as a connected transaction

low risk. The management of the company is expecting to start realize the income in the 3rd quarter of 2020, and will realize the income of all projects all projects starting 4th quarter of 2020. 8.3

accounting from the disposal of assets that will help developing the conditions of the consolidated financial statements. In addition, the Company will gain income as the increase of cash flow of 70.00 million

the same range as at the end of the last year, which is mainly resulted from: 1. A increase of cash and cash equivalents in the amount of THB 70 million, which is caused by the better management of the

After You Pcl. 1319/9 Pattanakarn Rd. Suanluang, Bkk 10250 Thailand E-mail : ir@afteryou.co.th www.afteryoudessertcafe.com Page 1 of 4 Ref. AU 8 /2018 10 August 2018 Subject: Management Discussion

in general greater management participation in SGAH to give more support and necessary controls in the weak areas with the increase in the Company’s direct and indirect equity holding in SGAH from

After You Pcl. 1319/9 Pattanakarn Rd. Suanluang, Bkk 10250 Thailand E-mail : ir@afteryou.co.th www.afteryoudessertcafe.com Page 1 of 5 Ref. AU 10 /2018 11 November 2018 Subject: Management Discussion

capital of Baht 220,000,000 and the paid-up capital of Baht 172,000,000 and the objectives of the company include service creation and management of integrated marketing communications, such as spaces and

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