22.7% from THB 1,631mn as of 31 December 2016. Total current assets were THB 646mn, decreasing by 23.6% or THB 199mn. The decrease was primarily attributable to 1) lower cash, cash equivalents and

2017 PERFORMANCE ANALYSIS (YoY) In 3Q 2017, the Company once again achieved an outstanding top and bottom line performance compared to the same quarter last year supported by; 1) The consolidation of

(3M 2020) 15 JUL 2020 MASTER AD PUBLIC COMPANY LIMITED 3 During 3M 2020, MACO recorded an operating revenue of THB 612mn, a decrease of 13.7% from THB 710mn in 3M 2019. The decrease was mainly affected

from sales: details as follow. The decrease in sales revenue is a result of the reduced sales volume. Due to the fluctuation of raw material prices and exchange rates in the past, the company has to

parties of THB 79mn and 3) prepaid expenses of THB 54mn. The increase was partially offset by a decrease in trade and other receivables of THB 142mn. Total non-current assets stood at THB 2 ,277mn, an

result of the decrease in sales whereas other income increased by 49.47% YoY and 20.62% QoQ. The decrease of 2Q17 sales compare with 2Q16 and 1Q17 was attributable to the delay of household consumption

Q2–2019 shows the increase of its outstanding from Q1–2019 and Q2–2018 which were in line with the increase in revenue. In addition, In Q2–2019, there was an additional reserve for employee benefits

increase more than the growth of revenue. The Gross profit margin of the first six month of 2017 and 2018 was 43.40% and 40.37%, respectively. The company has outstanding backlog as of 30 June 2018 of THB

 Overseas Other Business PT Manambang Muara Enim Co., Ltd. (MME) Coal Mining Page 5 (4) Other investments Other investments comprise long-term investment in securities : - EGCO holds 12.50% of the outstanding

”) increased 16% yoy. This increase was partly driven by the outstanding 23% income growth in the 3rd quarter of 2017 (“3Q17”). Not only high season of healthcare business, the increase of social security