wood kiln dried sawn timber which is the main business of the company. The business was impacted by volatility caused since 2019 as a result of trade war between United States and China, where China was

Microsoft Word - 2020.08.10_1Q2021_MACO_MDA_EN_V3 MANAGEMENT DISCUSSION & ANALYSIS 1Q 2020/21 ENDED JUNE 2020 11 AUG 2020 MASTER AD PUBLIC COMPANY LIMITED 1 QUARTERLY BUSINESS HIGHLIGHTS – 1Q 2020/21

, business opportunity, results of operation and financial status of Hello LED on the sign date of the agreements and the closing date. The Hello LED Shares Acquisition Transaction constitutes an acquisition

MANAGEMENT DISCUSSION & ANALYSIS 3Q 2019 6 NOV 2019 MASTER AD PUBLIC COMPANY LIMITED 1 13 May 2019 QUARTERLY BUSINESS REVIEW – 3Q 2019  Consolidated revenue increased by 54.0% YoY to THB 748mn o

MANAGEMENT DISCUSSION & ANALYSIS 2Q 2020/21 ENDED 30 SEPTEMBER 2020 09 NOV 2020 MASTER AD PUBLIC COMPANY LIMITED 1 13 May 2019 QUARTERLY BUSINESS HIGHLIGHTS – 2Q 2020/21 MACO’s performance was

on assets, liabilities, business opportunity, results of operation and financial status of Hello LED on the sign date of the agreements and the closing date. The Hello LED Shares Acquisition

conversion scheme in according to the resolution approval from the Extra Ordinary Shareholders’ meeting no. 1/2017 on 30th August 2017 by newly issuing ordinary shares of the Company to pay the net trade debts

business to alleviate the revenues loss such as open new business in F&B and the development a condominium for sale under brand “Newera” which yield a good margin. The detail of performance can be described

trade via TV media and online including of the return from dividend. : To be long term investment that the Company has considered basing on positive tendency of current marketing direction which is

subsidiaries offsetting while the Company recognized THB 123 million revenue from new business. Earnings before Interest, Tax, Depreciation and Amortization (“EBITDA”) reported THB 222 million decrease 52.3