and mountain areas, and also expanding to the online media and agency service. Operating Results Overview Operating results in the separate financial statements of the Company for the three-month and

services to produce and sale games which divided in three categories : 1. Visual Effects 2. Animation Movie 3 Game & Production including innovation technology such as Virtual Reality (VR) >> Revenue from

) the Company to purchase assets and business operation under tradename “Komchadluek” (“Komchadluek Business”) from Komchadluek Media Co., Ltd. (“KMM”), a subsidiary of NMG, whose 2,499,998 shares or

, image or in any other form conveying content by its own nature or by any means. “advertising through media” means an advertising of offer for sale of units through newspapers, advertising boards, radio

% in 2Q19 compared to 12.9% in the same period in the previous year. Selling expense, such as freight costs and sales commissions, decreased compared to 2Q18 in line with lower sales. Administrative

the same period the previous year. Selling expense, such as freight costs and sales commissions, decreased in line with lower sales. Administrative expense decreased mainly because of an adjustment of

administrative expense amounted to Bt322.1 million in 2Q20, or 15.13% of sales, a decrease from Bt415.5 million in the same period last year. Selling expense, such as freight costs and sales commissions, decreased

173.84 in 2020. The main reason of the increase is a result from a dramatically increased of freight charge. Profit (loss) from operating activities In 2020, the profit (loss) from operating activities of

the first runway and the second runway D) Apron Taxiway for passengers and cargo transportation E) Air Freight and Logistics Center F) Public utilities prepared by contractual party G) Ground services 2

2020/21, the Company sees a positive sentiment from the Prowtech’s operation due to a sign of recovery in Outdoor media demand. Therefore, MACO will initially invest 15.0% in VGI Vietnam from subscribing