and amortization on intangible asset under concession agreement of the MRT Blue Line Project (non-cash expenses) which inline to the increase in traffic volume and ridership. Selling and administrative

franchise model. Such initiative reflects in the recent partnership with Lagardere travel retail, a pioneering global leader in the travel retail industry including duty free shop and retail stores in

, increased by 66% as compared to the same period of last year of 201 million Baht as a result of impairment of fixed asset of 113 million Baht, provision regarding closure of one store in the United States and

1 MD&A 3Q 2018 (ended 30 September 2018) MASTER AD PLC MANAGEMENT DISCUSSION & ANALYSIS 3Q 2018 6 NOV 2018 MEDIA INDUSTRY Outdoor media has presently become the go-to choice for advertising. It’s

maintenance expense in accordance to the schedule together with the increase in amortization on rights to operate completed expressway sectors and amortization on intangible asset under concession agreement of

Rail business consisted of costs of farebox, O&M cost and amortization on intangible asset under concession agreement of the MRT Blue Line Project. For the first quarter of the year 2020, the cost was at

and amortization on intangible asset under concession agreement of the MRT Blue Line Project. For the third quarter of the year 2020, the cost was at Baht 1,312 Million, representing an increase from

called “The Company”) still has carried adjustment of the business strategy to focus on the large project since last year and we got purchase order from big industry in first quarter of 2019 in an

with Rabbit-LINE Pay (RLP) through an investment of Bt788mn to buy 33.33% stake of the JV. In realizing the JV’s performance, AIS shares 33.33% of the JV’s net profit recognized as an asset under

Hilton Pattaya to CPNREIT for the period of 20 years, ending on 31 August 2037 for the net asset price of THB 11,908 mn. Currently, CPN REIT Management Company Limited is in the process of seeking an