. The growth in this business unit was mainly driven by full-quarter consolidation of International Advertising operated by VGI Global Media (Malaysia) Sdn. Bhd. (“VGM”), which started in July 2019
consolidation of reports for these small transactions at a single time; 2) Exempting the reporting requirement for directors or executives who are spouses or cohabit as husband and wife within the
abovementioned consolidation. Cost from Trans.Ad Group are naturally higher from computers, software and installation expenses than MACO’s core business in media. Selling, general and administrative expenses (“SG
, PBSB is now a subsidiary of MACO, and the consolidation of its financial performance has also begun in this quarter. INDONESIA – GENERATING PROFIT SINCE THE FIRST COMMERCIALISATION IN APRIL 2019
consolidation of Rabbit Group under the common control basis. 1Adjusted for share of investment in JV and associates before tax. 2As shown in financial statement, excluding minority interest. 3Net profit excluded
2017/18. The increase was mainly driven by encouraging growth in the Out-of-Home media sector as well as the consolidation of Trans.Ad Solutions Company Limited and Roctec Technology Limited
financial information of the components and the consolidation process in such a way that would not be necessary had there be no component auditors. The following findings identify areas where performance of
December 2019, compared to the same period of the previous year as follows Company performance For the period ended December 31, 2019 Million Baht Consolidation method The Company 2019 2018 Different 2019
profit at 3 million. By order of the operating results for the 1st quarter of 2019 and year 2018 are summarized below. Million Baht Consolidation method The Company Q1/2019 Q1/2018 Different Q1/2019 Q1
resulted from the consolidation of Trans.Ad Solutions Company Limited and Roctec Technology Limited, collectively called “Trans.Ad Group”, which was acquired in August 2018. Cost of sales increased by 318.9