ลกัษณะโครงสร้างต้นทนุที4สงูกว่าธุรกิจสื4อโฆษณาในประเทศของบริษัทฯ จากคา่ใช้จา่ยที4สงูกวา่ของคา่สมัปทานสื4อโฆษณาในระบบขนสง่มวลชน และสื4อโฆษณาในสนามบนิ สง่ผลให้ อัตรากาํไรขั sนต้น ลดลงจาก 37.9% มาอยูที่4 11.4

. Business outlook for Q2/2020 was expected that the Thai economy would be contract appreciably from the impact of the COVID-19 pandemic and the ongoing drought, which are expected to clearly affect income and

offset with the increase of payment of lease liabilities THB 5,748 million and dividend paid THB 7,501 million Business outlook The Company aspires to grow revenue and profit sustainably in the long- term

in Q2/2021. R E V E N U E : G R O S S P R O F I T a n d G R O S S P R O F I T M A R G I N : E B I T D A a n d E B I T D A M A R G I N : N E T P R O F I T a n d N E T P R O F I T M A R G I N : Executive

the recognition of net loss in Q2/2021 and Q3/2021. R E V E N U E : G R O S S P R O F I T a n d G R O S S P R O F I T M A R G I N : E B I T D A a n d E B I T D A M A R G I N : N E T P R O F I T a n d N

services. G R O S S P R O F I T a n d G R O S S P R O F I T M A R G I N : • The Company’s EBITDA in Q3/2022 and 9M/2022 were THB 81 million and THB 223 million, respectively, increased by 238% from Q3/2021

or purchasing through food delivery services. G R O S S P R O F I T a n d G R O S S P R O F I T M A R G I N : • The Company’s EBITDA in Q4/2022 and 2022 were THB 83 million and THB 306 million

from credit card increased 6%, in line with continued growth in card spending. However, although the overall economic growth rate of the country has a better outlook, there are risks from the slow

Page 1 of 10 Management Discussion & Analysis Q3/2024 1. Overview of Business Operations, Economy, and Industrial Conditions Affecting Operations In Q3/2024, Thailand's economic outlook shows signs

25% of such shares. Therefore, the Board of Directors and/or the Executive Committee and/or Managing Director and/or the person(s) who is authorized by the Board of Directors and/or the Executive