consolidation of profits of our subsidiary in Malaysia. • Net profit margin is higher because of acknowledge the special revenue (Gain from bargain purchase). • There is no significant change in the cost of raw
increased income from our consolidation with Nguyen Kim since June 2019, the increased revenue from rental service from Robinson Lifestyle Center in Chaiyaphum and the full quarter revenue contribution from
compared same quarter of last year regarding to TBSP consolidation and extra finance cost from additional long-term loan for Tender Offer in TBSP. Excluding the extra finance cost of THB 4 mil. the finance
. 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
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
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