% contraction in the previous quarter, as a result of the Covid-19 pandemic situation which disrupted economic activities in many sectors, especially in tourism sector that was directly impacted by lockdown

Company (APCON) whose projects had been postponed to the second half of this year. Earnings before tax (EBT): The company had an EBT of THB 17.19 M lower than 1Q18 by 26%, of which was directly affected by

supported debtors who were affected from the pandemic. Although the loan quality is likely to deteriorate, Thai banks remained sound thanks to close monitoring of credit quality, high levels of capital fund

and international demand, which affected from the impact of coronavirus (COVID-19) pandemic. The measures of the government sector to control the spread of the virus, therefore the limit of inbound and

gross profit margin was also mainly impacted by the Baht appreciation as compared to previous year. 3. Selling and Administrative Expenses For the first quarter ended 31 March 2018, the Company’s SG&A

SITUATION Thailand economic situation in Q4/2019 in Central and Eastern area were contracted compared to the same period of 2018 due to global economic and domestic consumption weak, that were impacted from

(3M 2020) 15 JUL 2020 MASTER AD PUBLIC COMPANY LIMITED 3 During 3M 2020, MACO recorded an operating revenue of THB 612mn, a decrease of 13.7% from THB 710mn in 3M 2019. The decrease was mainly affected

of one of 8 SPPs resulted in the decrease of Normalized Share of Profit by Baht 11.4 million when comparing to 2Q2019. For Utilities business in Thailand, it was impacted mainly by drought situation

, the growth in APRU continued to be affected by the ongoing intensity of market competition. For 5G service, our 5G network continued to expand with >23k BTS and reached 81% of the population as we aim

13.7% from 2Q20. When comparing with 3Q19, net profit declined by 16.3% mainly from the increased in provisions as a result of the continued uncertainties from the economic slowdown as impacted by COVID