in second quarter of 2019 onwards. Shares of Profits: A massive slump in shares of profits of associated companies by THB (72.95M) or (273%) lower from last year which was solely affected by loss in
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
products are the best sellers there. Sales revenue from facial cleanser product line for the three months period ended 31 December 2018 reached THB 71.84 million or equivalent to a massive 520.38% growth
by the performance of Advance Power Conversion Company (APCON) whose projects had been postponed, as a result; a massive drop in 9 months period by (125.62%). Profit before tax: An increase of 6.40% in
Limited, as financial provider (1) Trade Revolving Line of Credit in amount of THB 4,000,000,000 No interest to be paid to Mahachai Group due to Mahachai Group give permission to the Company to use their
income of THB 5.54 M or 138% higher in 2Q20 than 2Q19, while 6M20 showed THB 21.54M or 6619% increase from the same period of last year, as a result of massive change in shares of loss and lower expenses
annual income tax payment according to the Revenue Department announcement. On the other hand, trade and other current payables decreased as various business activities were temporarily suspended. Dusit
and mortgage-backed securities will be allowed to roll off gradually without reinvestment, in order to reduce its massive balance sheet. Meanwhile, the Eurozone, Japan and several other Asian countries
decrease of THB 474 million, as THB fluctuated all year round, resulting in a gain mostly from trade account payable, loan to related parties, and loans in foreign currencies. 8. Losses from impairment of
outflows. At the same time, the Chinese economy in the third quarter cooled amid concerns over the trade dispute between China and the US, after the US raised tariffs on certain products imported from China