and distribution of High Density Polyethylene (HDPE) pipe and related certain fittings, Low Density Polyethylene (LDPE) pipe, Polypropylene (PP) pipe, Polybutylene (PB) pipe, Weholite Spiro pipe.  On

are as follows; Operating Performance 1. Revenues Unit: Million Baht In general, the Company could generate revenue from furniture business for 2nd quarter of Y2017 that was approximate by comparing to

กการขายสนิคา้เตบิโต 2.2% โดยมปัีจจยัสนับสนุนหลกัจากยอดขายออนไลน์ซึง่เตบิโตอยา่งโดดเดน่ 133.1% และ “Younique Customized Furniture 4.0” ซึง่เตบิโตอยา่งมนีัยส าคญัถงึ 25.0%  ถงึแมว้า่ภาพรวมของก าไรขัน้ตน้

stores in Myanmar, the Company has decided to open the 5th franchise store in Myanmar in June 2020. Closure of Index Furniture Center - Don Mueng International Airport Branch Due to the government measures

received approval to renovate street furniture media on BTS columns, which is expected to be a key growth driver for 2019. January • Continued the process towards digitisation by replacing static billboards

source of sales, accounting for 82.2% of total revenue from sale of goods for the three-month period ended 30 June 2019, in which Index Living Mall stores’ and Index Furniture Center stores’ revenue

AD PLC MANAGEMENT DISCUSSION & ANALYSIS 2Q 2017 1 AUG 2017 181 91 90 190 102 88 199 108 91 Operating Revenue Billboard Street Furniture 2Q 2016 1Q 2017 2Q 2017 2Q 2017 CONSOLIDATED P&L SNAPSHOT

Billboard initiated by GREYNJ UNITED agency which was presented on MACO’s large-format billboard was granted Gold award from ADFEST 2018 TRANSFORM in Best use of Billboard & Street Furniture, Large/Highway

the asset manager for all Master Ad Public Company Limited’s (“MACO”) domestic Outdoor media, including Static and Digital billboards and Street Furniture media (BTS Columns and flyovers); while MACO

engaged in the manufacture and distribution of High Density Polyethylene (HDPE) pipe and related certain fittings, Low Density Polyethylene (LDPE) pipe, Polypropylene (PP) pipe, Polybutylene (PB) pipe