412.28 (44.66) (12.61) 707.30 715.26 (3.01) (0.50) - Publishing business 106.04 174.50 (68.45) (39.23) 258.61 331.35 (72.74) (21.95) - Electricity business 257.67 237.78 23.79 13.25 448.69 383.91 69.73

. 61% down from 3Q2017. For capital structure of the Group, as at September 30, 2018, the consolidated debt to equity ratio was 0. 43 time and the consolidated net debt to equity ratio was considerably

Catering Co., Ltd (“Epicure”); the Company’s subsidiary, entered into the purchase agreement to buy 100% shares in The Caterer Joint Stock Company, which it operates catering and beverage business in Vietnam

, after the business combination took effect, general administrative and selling expenses of KCE America’s sales office was included into the Group’s P&L. Net Profit The Group reported a consolidated net

September 30, 2019 as follows: Performance Overview For the first nine months of 2019, the Company and its subsidiaries had profit attributable to equity holders of the Company amounting to Baht 1,521.73

the six-month ended June 30, 2019 as follows: Performance Overview For the first half of 2019, the Company and its subsidiaries had profit attributable to equity holders of the Company amounting to Baht

1 Management Discussion and Analysis for the period ended Q1/2021 Ref. SPVI 006/2021 Business Overview for Q1’2021 The operating results for the three-month period ended 31 March 2021 of S P V I

the year ended December 31, 2019 as follows: Performance Overview The Company and its subsidiaries had profit attributable to equity holders of the Company amounting to Baht 1,777.78 million, down from

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

expenses at 3.7%(y-o-y), the Net profit attributable to Equity holders of the Company in 2018 were of Bt1,050.6 million which increased by Bt80.0 million or 8.2%(y-o-y), representing the Net profit margin of