1 Year 2019 Quarter 1 Year 2018 Change %YoY Revenue from sales and services 147.0 158.3 (11.3) (7.1%) Revenue from food and beverage sales 132.4 126.0 6.4 5.1% Total 279.4 284.3 (4.9) (1.7%) Gross
Limited (“the Company”) would like to submit the management discussion and analysis of the operating results for the first quarter of 2020 ended March 31, 2020 as follows: Revenue from Software Subscription
2020: 1. Sales Revenue 1.1 Sales revenue for the 3-months period ended 31 July 2020 INGRS registered sales revenue of Baht 409.96 million for the 3-months period ended 31 July 2020, a reduction of Baht
Operating results of the Company for the three-month period ended 31 March 2019 and 2018 are as follows: Revenue by segment Revenue Cost Gross Profit For three-month period ended 31 March For three-month
was more difficult and varied than the previous year which effected higher cost. Therefore, the proportion of cost decreasing is less than the proportion of revenue decreasing. 6. Cost of goods sold
improved with total revenue of 554 million baht. However, the result still declined 60 million baht or 10%, comparing to same quarter of last year. The reasons are as follows; o Reduction in sales of rice in
materials during Q3/2017, therefore, COGs per revenue still increase 2% to 82%, comparing to 80% of last year. o Regarding to fierce price competing, company faced with difficult situation in price adjustment
significantly affected by low advertising demand due to the prolonged impact of the COVID- 19 pandemic, which has plunged the global economy into a deep recession. Operating revenue decreased by 32.2% YoY to THB
MACO’s performance was dramatically affected from lower advertising demand due to the COVID-19 pandemic and global economic uncertainty. Consolidated revenue decreased by 25.9% YoY to THB 512mn o
QUARTERLY BUSINESS HIGHLIGHTS – 3M 2020 Consolidated revenue decreased by 13.7% YoY to THB 612mn o Advertising revenue increased by 3.1% YoY to THB 270mn o System integration services revenue decreased by