Acts of Listed Companies concerning the Connected Transactions, B.E. 2546 (2003), dated November 15, 2003 and its amendments. 3. The details of Asset and Acquisition of Assets. Wattanapat Samui Hospital

Acts of Listed Companies concerning the Connected Transactions, B.E. 2546 (2003), dated November 15, 2003 and its amendments. 3. The details of Asset and Acquisition of Assets. Wattanapat Samui Hospital

(%) 11.5% 15.6% Liability to Equity (times) 0.4 0.4 Return on fixed assets5 (%) 87.1% 87.6% Debt to equity (times) 0.0 0.2 Asset turnover (times) 0.6 0.5 8 MASTER AD PLC MANAGEMENT DISCUSSION & ANALYSIS 2017

to Equity (times) 0.6 0.3 Return on fixed assets5 (%) 45.5% 63.4% Debt to equity (times) 0.2 0.2 Asset turnover (times) 0.5 0.6 9 MD&A 2Q 2018 (ended 30 June 2018) MASTER AD PLC MANAGEMENT DISCUSSION

household debt remained elevated, economic expansion had yet to benefit household income in a broad-based manner, and the low level of some agricultural price resulting in a gradual improvement. Private

asset sales, gain on exchange rate and gain on short-term investment. For the first six months of 2018, other incomes totaled THB 14.60 million, an increase of THB 13.06 million from the same period of

asset sales, gain on exchange rate and gain on short-term investment. For the first six months of 2018, other incomes totaled THB 14.60 million, an increase of THB 13.06 million from the same period of

household debt remained elevated, economic expansion had yet to benefit household income in a broad-based manner, and the low level of some agricultural price resulting in a gradual improvement. Private

(liquid asset) = 50 ลบ. 3. หนี้สินรวม (total liabilities ที่ไม่รวม sub debt) = 15 ลบ. • Liquid capital = liquid asset – total liabilities ที่ไม่รวม sub debt = 50 – 15 = 35 ลบ. 4. NAV รวม (MF+PF+PVD) ทุก

caused net loss. In addition, the Company closed Hat Yai branch on 1 July 2020 to improve profitability of the Company and had already written off fixed asset. The company focuses on the sustainable growth