products. For the domestic, the Lockdown measure from the Thai government resulted in the hypermarket stores such as Tesco Lotus, Big C, Home Pro, etc. that are the customers of the company necessary to
consolidated financial statements has recorded loss from impairment of Baht 456 million consisting of impairment trademark. The consolidated loss of the year end 2019 is Baht 591 million, increasing by 115% from
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
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
rental and services represents revenue from hospitality business, commercial business and other businesses. Hospitality Business At the end of 2Q19, the Company’s total hotels reached 39 hotels with 4,647
franchise model, both in Bangkok and major provinces. At the end of the first quarter of 2021, the Company has 41 Mikka Café branches under the franchise contract. In the first quarter of 2021, the Company
quarter of 2022, Thai Baht was slightly appreciated compared to exchange rate at the end of the year 2021 which led to the Group has loss on exchange rate for the first quarter of 2022 for the amounting to
projects to foreign suppliers. During the period first quarter of 2023, Thai Baht was appreciated compared to exchange rate at the end of the year 2022 which led to the Group has loss on exchange rate for
large-scale projects: the project of procurement and installation of computer network systems for information of Chulalongkorn Hospital, Thai Red Cross Society, the project of development of the system
(UNOFFICIAL TRANSLATION) Codified up to No. 10 As of 28 February 2020 Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for