Company Limited (“MACO”) Transit media revenue increased by 21.3% YoY to THB 2,262mn. The sharp rise in revenue growth is attributable to strong organic growth, price increases of static and digital media

by 19.5% YoY to THB 620mn. The sharp rise in revenue growth is attributable to a higher utilisation rate, particularly from digital media and merchandising spaces. In addition, Transit segment also

price for the Company reduced by 10% compared to Q2 2019 (from 19891 THB/Ton in Q2 2019 to 17915 THB/ton in Q3 2019). The sharp decline in the Finished Goods has also led to a decline in Raw material

the previous year, mainly due to the sharp lower of purchasing power in most industries, as well as the strong competition in the stainless steel pipe, aluminum and copper. This caused the decreasing in

sharp drop in foreign and domestic travel across both the tourism and business traveler segments, government protocol to close down the service business sectors in line with the Lock Down policies and

industries are directly and severely affected, due to the sharp drop in foreign and domestic travel across both the tourism and business traveler segments, government protocol to close down the service

margin of 11.48 percent in the same period the previous year. The lower gross margins were driven by a sharp declining in sales of exhaust pipes in the first quarter due to the suspension of production

price in the quarter, inventory gain was recorded at THB 241 million ( Inventory Gain Q3/2017: THB 450 million, Q2/ 2018: THB 856 million) . However, Net marketing margin was effected by the sharp rise in

sharp decline in industry- wide IPA spreads which has led to a negative EBITDA contribution from this product. As part of our currently ongoing broader long-term strategy review, we are reviewing our

sales volumes. The sharp decline in the Finished Goods prices has also led to a decline in Raw material prices and the Company suffered devaluation loss on Finished Goods stock, Raw Material in stock and