reserves and financial investments were THB 8.7 billion at 31st December 2019 similar to THB 8.7 billion at 31st December 2018 . reviewQ419.xlsx MD&A 2019 24/02/2020 Asset Quality Accounts Receivable Most of

increase in revenue was higher than the industry growth (in terms of volume) of 2.68% year-on-year due to the following reasons: 1) Automotive parts business; Increase in customer orders from existing

%, with 16.0% increase in automotive parts businesses and 35.3% increase in dealership businesses respectively whilst industry production was up by 5.8%. The increase in revenue was due to the following

2017 until currently, together with the downturn of such printing industry which will result in operation at loss in the future. 8 Plans for utilizing the proceeds from the asset disposal Proceeds

1 MASTER AD PLC MANAGEMENT DISCUSSION & ANALYSIS 1Q 2018 MD&A 1Q 2018 (ended 31 March 2018) 14 MAY 2018 MEDIA INDUSTRY AND BUSINESS IMPACT ANALYSIS The popularity of outdoor media has continuously

, limited the result and brought down the ARPU across the industry. 5G remained the key growth factor of mobile operators with intentions to monetize their 5G investments. 5G packages were promoted through

disbursement in FY24, declining export and manufacturing competitiveness, and global supply chain issues. Mobile industry sustained its growth momentum with increased usage both domestically and internationally

in the automotive industry have recovered. As a result, ocean freight began to resume playing a role in the Company's operating results. Cross Border Service is an alternative service that is very

Analysis for the 3rd quarter of year 2022 2 in revenue was higher than the industry growth (in terms of production volume) of 34.5% for the following reasons: 1) Automotive Parts Business; Higher volume from

Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Return on equity (ROE) 20.1% 20.7% 20.3% 18.7% 15.8% Return on asset (ROA) 7.7% 8.1% 8.1% 7.3% 6.2% Interest bearing Debt / Equity (IBD/Equity) 0.8 0.7 0.6 0.6