and is one of the growth drivers within the Transit media segment. Within the OOH media, Transit media revenue increased by 20.5% YoY to THB 576mn. The sharp rise in revenue growth is attributable to
STRATEGIC UPDATES ADVERTISING PAYMENT LOGISTICS Transit & Office Outdoor Airport Activation Offline & Online Payment Market Place Micro Loan Smart Delivery 1) ADVERTISING - BUILDING AN INTERNATIONAL NETWORK
utilisation rate, digital billboards products as well as the full quarter consolidation of Co-Mass Company Limited (“Co-Mass”) in the Outdoor media segment. Within the OOH media, Transit media revenue increased
revenue from the Outdoor segment. The growth in revenue resulted generally from higher prices and synergy from Rabbit Group. Within the OOH media, Transit media revenue increased by 22.9% YoY to THB 519mn
increase of 33.41% from the previous year. GFPT Public Company Limited Management Discussion and Analysis for the Year 2018 Page 2 of 14 Overall Financial Performance and Profitability Business Segment of
than MACO’s Domestic Advertising segment due to higher cost from concession in Transit and Airport media. As a result, overall gross profit margin was decreased by from 37.9% to 11.4%. Selling, General
188 61% 1,037 853 21% Net Operating Debt to Equity (times) 0.53 0.45 0.57 (7)% 0.53 0.57 (7)% 1Consolidated financials are based upon elimination of intra-company (or intra-business segment
intra-company (or intra-business segment) transactions 2Total of each segment may not always tally with consolidated financials due to holding segment 3Excludes price adjustment for captive sales on
& ANALYSIS 1Q 2019 15 MAY 2019 U CITY PCL 1Q 2019 - MD&A (for three-month period ended 31 March 2019) 3 U CITY PCL SEGMENTAL PERFORMANCE 1Q 2019 REVENUE CONTRIBUTION BY SEGMENT 1Q 2019 REVENUE GROWTH
higher than MACO’s Domestic Advertising segment due to higher cost from concession in Transit and Airport media. As a result, overall gross profit margin was decreased from 34.4% to 24.0%. Selling, General