MANAGEMENT DISCUSSION & ANALYSIS 1Q 2019 13 MAY 2019 MASTER AD PUBLIC COMPANY LIMITED NATIONWIDE COVERAGE 1 QUARTERLY BUSINESS REVIEW – 1Q 2019 • Consolidated revenue increased by 149.3% to THB 689mn
MANAGEMENT DISCUSSION & ANALYSIS 2Q 2019 7 AUGUST 2019 MASTER AD PUBLIC COMPANY LIMITED NATIONWIDE COVERAGE 1 QUARTERLY BUSINESS REVIEW – 2Q 2019 Consolidated revenue increased by 161.5% YoY to THB
% 56.1% 56.1% Current ratio (times) 5.5 0.9 0.8 Operating EBITDA (%) 31.7% 33.2% 33.2% Quick ratio6 (times) 5.5 0.9 0.8 Net profit (from operation) (%) 22.4% 25.6% 25.6% Account receivable turnover (times
through the acquisition of Multi Sign Company Limited (“Multi Sign”) and Comass Company Limited (“Comass”). This strategic move enabled us to jump our media coverage nationwide and gather wider audience
, Investment Banking Club and participating approved auditors gear ?Pride of the Province III?, aiming to promote knowledge on capital market and fund raising to businesses nationwide. The project also supports
amounting to THB 6.8bn in media capacity nationwide. OOH media is expected to continue to grow substantially on the back of mass transit line expansion both domestically and internationally, new office
MACO’s media network and expanded its presence nationwide. The expansion increased MACO media capacity by more than 55% from THB 900 (pre-consolidation) to THB 1,400mn. 2) The launch of 1st phase of CBD
from such changes. MACO is one of the biggest outdoor media players in Thailand, with a media network covering a variety of formats from mega to small billboards nationwide, to advertising panels on
OOH media company with nationwide network coverage. Its network includes static billboards and digital screens in prime locations. Transaction Summary % of investment: 25.0% Total investment: VND
leading OOH nationwide media in Thailand. The VGI Group’s revenue increased by 23.5% or THB 186mn in 2Q 2017/18 from THB 792mn in the respective prior-year period to THB 978mn. REVENUE BREAKDOWN (THB MN