GFPT Public Company Limited Interim Management Discussion and Analysis for the 3rd Quarter 2018 Page 1 of 13 Management Discussion and Analysis This interim MD&A report has been prepared based on the

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

reclassified to Non- current liabilities instead. บริษัท จี สตีล จ ำกัด (มหำชน) G Steel Public Company Limited Management Discussion and Analysis Quarter 2 Ending 30 June 2019 G Steel Public Company Limited Page

  Management Discussion and Analysis of FS2018 Page 1/5 JMT Network Services Public

26.0% Current Liabilities 1,665.9 40.0% 430.6 8.2% (1,235.3) -74.2%   Management Discussion and Analysis of FS2017 Page 4/5 JMT Network Services Public Company Limited As of 31 Dec 16 As of 31 Dec 17

% Analysis of Financial Statement of Position As of 31 Dec 16 As of 31 Dec 17 Change MB % MB % MB % Cash and cash equivalents 111.0 2.7% 513.4 9.8% 402.4 362.4% Current portion of loans receivable from

  Management Discussion and Analysis of FS2018 Page 1/5 JMT Network Services

1 MD&A 3Q 2017 (Ended 30 September 2017) MASTER AD PLC MANAGEMENT DISCUSSION & ANALYSIS 3Q 2017 20 OCT 2017 MEDIA INDUSTRY AND BUSINESS IMPACT ANALYSIS The popularity of outdoor media has

subsidiary’ s total shareholders’ equity was Baht 646 million, an increase of Baht 33 million due to profit for the current period of Baht 33 million. 3. Cash flows Analysis Table 4: Overall cash flow for the

% Other non-current assets 355 313 13% Total non-current assets 14,610 15,167 (4%) Total assets 18,459 19,546 (6%) Table 5: Condensed Statement of Financial Position Management’s Discussion and Analysis (MD