Microsoft Word - 2020.02.11_FY 2019_MACO_MDA_EN_Final MANAGEMENT DISCUSSION & ANALYSIS 2019 11 Feb 2020 MASTER AD PUBLIC COMPANY LIMITED 1 YEARLY BUSINESS HIGHLIGHTS – 2019 Consolidated revenue
capacity to the full capacity level in 2019. 2. Business Outlook on Q3/2018 Management’s Discussion and Analysis (MD&A) For Q2/2018 3 Executive Summary The steel industry in Thailand shrunk in the second
Convention Center branch and Suvarnabhumi Airport branch. As a result, the Company will have 5 (Luggaw) branches by the end of 2022. Expanding Business Abroad The Company continues to look for opportunities
July 2018 with a gain from business combination of Baht 276 million which should be amortised by Baht 12 million per annum along the PPA life. BGRIM started to consolidate BGYSP’s financial statement in
was resulted from airline business decreasing by 25.2 percent, airport business decreasing by 18.4 percent and airport-related businesses decreasing by 14.6 percent. 3 ASIA’S BOUTIQUE AIRLINE The
to the same period in 2015. The specific business tax and transfer fees are in line with the income derived. 4.2 Administrative expenses For the six-month period of 2016, administrative expenses
, 202 Huaikhwang District, Bangkok 10310 Tel. 0-2276-5924, www.kcproperty.co.th, Company’s Registration No. 0107536001133 to the same period in 2015. The specific business tax and transfer fees are in
Translation Management Discussion and Analysis for Interim Business Operations Financial Performance for the year ended December 31 , 2019 (Unit : M ill ion Baht) 2019 2018 Inc./(Dec.) % ( R es tated
Translation Management Discussion and Analysis for Interim Business Operations The Information of Share Capital Registration On June 15 - 19, 2020, the Company offers ordinary shares by number of
the management company; “management company” means a securities company licensed to undertake securities business in the category of mutual fund management; “fund supervisor” means a mutual fund