revenue was Bt4,436mn increasing 42% YoY. In 2018, AIS Fibre has gained 209,300 of net subscriber addition and now has 730,500 total subscribers . ARPU in 4Q18 was Bt574, a decline from Bt635 in 4Q17

lease receivable, net decreased by Baht 209 million or 3% due to a gradual decline in the EGAT’s financial lease receivable with respect to revenue recognition basis under TFRIC4. Unit: THB million 8% 11

the recognition of  SEC Thailand on the global stage. Currently, the IOSCO Board comprises 35 member regulators from countries worldwide.

Pacific Award under the Regulation and Supervision Awards Programme 2025, organized by The Asian Banker. This recognition highlights the SEC’s outstanding efforts in enhancing transparency and integrity in

1 MD&A 2Q 2017 (Ended 30 June 2017) MASTER AD PLC MANAGEMENT DISCUSSION & ANALYSIS 2Q 2017 1 AUG 2017 MEDIA INDUSTRY AND BUSINESS IMPACT ANALYSIS Advertising spending reported a decline of 1.4% QoQ

suspended, resulting in a drop in Out-of-Home media audiences. Advertising business revenue contributed 28.1% of total revenue or THB 144mn decreased by 45.0% YoY. The decline was mainly from the

receivable, net decreased by Baht 321 million or 5% due to a gradual decline in the EGAT’s financial lease receivable with respect to revenue recognition basis under TFRIC4. Summary of financial position of

attributable to the equity holders of the Company decreased by 30.2% from THB 53mn to THB 37mn with a decline of Net profit margin of 5.4% from 19.1% in 1Q 2018. The lower-than-expected net profit’s performance

2Q 2020/21 PERFORMANCE ANALYSIS (YOY) In 2Q 2020/21, MACO recorded an operating revenue of THB 507mn, a decrease of 32.2% YoY. The decline on overall performance was from the prolonged impact of COVID

reduction of 3.0% Q-o-Q and 9.5% Y-o-Y, while sales revenue in USD terms grew by 1.0% Q-o-Q but declined by 8.9% Y-o-Y. The lower revenue recognition in Baht terms was due to the strengthening Thai baht