2020/21 ENDED JUNE 2020 11 AUG 2020 MASTER AD PUBLIC COMPANY LIMITED 4 FINANCIAL POSITION From 1 January 2020, the Company has adopted Thai Financial Reporting Standards (TFRS) 9 – Financial Instruments
194.40 million of net loss and THB 6.64 million of impact from adopting new Thai Financial Reporting Standards (TFRS), TFRS No.9: Financial Instruments and TFRS No.16: Leases, in the current period
MANAGEMENT DISCUSSION & ANALYSIS 2Q 2020/21 ENDED 30 SEPTEMBER 2020 09 NOV 2020 MASTER AD PUBLIC COMPANY LIMITED 4 13 May 2019 FINANCIAL POSITION From 1 January 2020, the Company has adopted Thai Financial
Equity holders of the Company 822 937 -12.3 1,482 4,913 -69.8 Basic earnings per share (Baht) 0.05 0.06 0.10 0.32 * According to the adoption of Thai Financial Reporting Standard No.9 Financial Instruments
businesses. Hospitality Business At the end of 1Q19, the Company’s total hotels reached 37 hotels with 4,271 keys covering 5 countries – Thai, Maldives, Mauritius, Fiji, and United Kingdom. Hospitality
keys covering 5 countries – Thai, Maldives, Mauritius, Fiji, and United Kingdom. Hospitality business generated THB 779m in 2Q19 or 132% increased from 2Q18. The acquisition of 6 Outrigger hotels on 12
Government expenses, in both consumption and investment are still expanding and also an important driving factor of the Thai economy. The government agencies have accelerated the procurement process to be
suppliers. As of 31 March 2021, Thai Baht was depreciated compared to exchange rate as of 31 December 2020 which the Group gained on exchange rate. Gain on forward contracts Q1-2021 Q1-2020 THB Mn THB Mn THB
Statement of Financial Position 7 6. Finance Cost: Finance cost arise from the recognition of interest expense from the adoption of Thai Financial Reporting Standards 16 Leases (TFRS 16). The company has no
expenses 1,357.0 1,901.2 2,056.1 (544.2) (28.6) (699.1) (34.0) Profit for the period 117.2 136.9 137.2 (19.7) (14.4) (20.0) (14.6) In Q3-2021, the overall Thai economy began to improve from Q2-2021, due to