revenue from domestic sales amounting to THB 3,719 million, up by THB 786 million or 26.8% from the corresponding period last year, and revenue from overseas sales contributing to THB 2,476 million, raised
period last year, and revenue from overseas sales contributing to THB 2,476 million, raised by THB 991 million or 66.7%. The change in total revenue was resulted from (i) the increase in revenue from sales
from 25.2% to 44.7% due mainly to the fact that WHART solely used the debt funding from financial institution which is deemed lower cost of fund compared to the fund raised from investors to acquire the
regard, in case the intermediary has raised its capital after the date of the latest financial statement, the amount of raised capital could be summed up to shareholders’ equity. 1 The regulations
statement, audited by auditor, in positive position. In this regard, in case the intermediary has raised its capital after the date of the latest financial statement, the amount of raised capital could be
regard, in case the intermediary has raised its capital after the date of the latest financial statement, 1 The regulations concerning net capital rules hereby refer to: (1) The Notification of Securities
pursuing any other means to verify the transactions. This raised doubt whether such transactions were executed as truly intended by the clients. In addition, a certain share transfer from a client account
the Group to expand its media offerings on a massive scale. MANAGEMENT DISCUSSION & ANALYSIS 2019 11 Feb 2020 MASTER AD PUBLIC COMPANY LIMITED 2 INTERNATIONAL MARKET – EXPANDING INTERNATIONALLY ACROSS
implementing a response plan and is continuing to monitor the situation closely in order to conduct the appropriate measures. Hospitality Business The hospitality segment is taking a massive hit, with 53 out of