the asset manager for all Master Ad Public Company Limited’s (“MACO”) domestic Outdoor media, including Static and Digital billboards and Street Furniture media (BTS Columns and flyovers); while MACO
3,651.3 21.5% Share of Profit from JV's Asset Monetization 463.9 239.8 (48.3%) Gross Profit 1,225.3 724.6 (40.9%) Gross Profit Margin 40.8% 19.8% GPM before adjustment with PPA/2 51.4% 19.8% /1 Excluding
Margin -17.27% -1.18% Net Profit Margin -98.99% -121.11% Debt to Equity Ratio (Time) (16.47) 3.18 Total Expenses Summary of the Annual Operating Result as ended 31 December 2019 Construction Income In 2019
statement as follow: Asset: Investments in associated company declined THB 54 million Shareholder’s equity: Retained Earnings declined THB 38 million None controlling interest declined THB 16 million During
% ownership in the project. This collaboration will enhance Central Village’s position to be the top luxury outlet destination in ASEAN. Asset Enhancement Initiatives Continues the renovation of existing malls
sales and also the recognition of right-of-use asset of THB 274 million, according to the adoption of IFRS 16 Leases standard. Liabilities Total liabilities as of June 30, 2020 and December 31, 2019 were
the first time recognition of right-of-use asset of THB 318 million, according to the adoption of IFRS 16 Leases standard. Liabilities Total liabilities as of March 31, 2020 and December 31, 2019 were
% Debt to equity (times) 0.3 0.4 Asset turnover (times) 0.7 0.4 Remark: Financial ratios were calculated based on The Stock Exchange of Thailand’s formula. MANAGEMENT OUTLOOK The COVID-19 pandemic has
Securities and Exchange Commission concerning Determination of Definitions in Notifications on Issuance and Offer for Sale of All types of Debt Securities in relation to trust having the obligations under this
consolidate financial statement as follows: • Income from GLANDRT leasehold asset divestment amount THB 270 mn was recognized in share of profit from associated companies • GLANDRT dissolve expense amount THB