higher than Q1’18 (or +4.0% YoY) and our international business showed +7.0% growth YoY at constant FX. However, reported international beverages business declined by 1.8% from FX impact. As a result

increase and debenture issuance result in an appropriate capital structure and financial ratio that could be fairly to peers comparison in the same industry as well as support the investment in current and

2017/18. PERFORMANCE ANALYSIS (3Q 2017/18 vs 3Q 2016/17) The Company was able to achieve a further significant increase in revenue and net profit, as a result of our strategic realignment despite the

Subsidiary Companies received a share of profits (by the equity method) totaling Baht 29.8 million; namely, a decrease of Baht 33.7 million, or - 53.1%, from the same period of the previous year as a result of

severely contracted as a result of the Coronavirus 2019 (Covid-19) outbreak which began in late January. Income from the tourism heavily declined as a result of international travel restrictions that were

performance in this quarter. There is a one-time profit from debt restructuring of THB 110 million. The company has an EBITDA of THB 213 million. In addition, as a result of the approved debt to equity

shares of Co-Mass Company Limited (“COMASS”) with total investment of THB 160mn, thereby increasing MACO’s stake in COMASS to 100.0%. As a result, MACO fully controls COMASS, allowing us to utilise

in Q1 2017 to 31.71 THB/USD in Q1 2018. As a result of the ceasing of the zinc operations, the sales volumes of imported metals reached 96% of total sales in Q1 2018. Unit : Baht million 2017 Sales and

Phase V according to process of the work's success. As a result, the operating results for the twelve months ended 31 December 2019 are as follows: - Sales increased from 346.16 million Baht in the year

quarter 2017 consolidated operating results, the company recorded net profit attributed to equity holders of the company of Baht 36.3 million, or 106.0% increase comparing with 2016’s net profit of the same