representative or 360-degree technology. Until now, offering a deep discount to potential customers was not expected because of the Company’s financial strength with Net Interest-Bearing-Debt to Equity at 0.97

interest was THB 39mn  Interim dividend payment of THB 0.012 per share to be paid on 6 September 2019 KEY BUSINESS UPDATE THAILAND  MACO has successfully installed 180 Lightboxes and 42 LED Screens of

million, an decrease of Bt6.3 million or 2.7% (y-o-y) from Bt237.5 million, representing a net profit margin of 26.3% which has an earnings per share of Bt0.36. Excluding these special item, the net profit

holders of the Company of Bt271.8 million, a decrease of Bt22.8 million or 7.7%(y-o-y) from Bt294.6 million, representing a net profit margin of 30.7% which has an earnings per share of Bt0.43. Excluding

of subsidiary stood at Baht 1,445.61 million and Baht 220.80 million respectively. 6 Debt to Equity ratio as at 31st March 2019 and 2018 were 0.41 and 0.40 times respectively. (Unit: Baht million

13.06% Loss on exchange rate 31 126 -95 -75.43% Expected credit losses (reversal) -10 -15 5 -31.23% EBIT before share of profit (loss) from investment in associates and joint venture 187 150 37 24.49

68.6% Gross Profit 813 396 417 105.3% Gross Profit Margin (%) 11.1% 9.3% 1.8% SG&A Expenses 456 310 146 46.9% EBIT before share of profit (loss) from Investment in Associates and Joint Venture 608 275

owners of the Company (1,911) (4,661) 59% 528 -462% (6,571) 742 -986% Earnings per share (Baht) (1.50) (3.49) 0.38 (5.02) 0.54 Note: 1/ EBITDA from Refinery Business of the Company, BCP Trading Pte. Ltd

months of 2017 with the gross margin of 16.33% and 19.88% respectively. In the first nine months of 2017, gross margin ratio of turnkey business is increased compared to the same period of last year

% อัตราส่วนหน้ีสินต่อส่วนผู้ถือหุ้น (เท่า) 1.44 0.69 1.44 0.69 Net Debt/Equity Ratio 1.18 0.44 1.18 0.44 Leverage (Net Debt/EBITDA) 3.24 1.72 3.03 1.48