relatively strong results in 1Q 2018 with an operating revenue of THB 290mn, an increase by 53.1% and net profit of THB 53mn, increased by 42.3% YoY. 2 MASTER AD PLC MANAGEMENT DISCUSSION & ANALYSIS 1Q 2018 MD
, rental and service income, interior and creative service income, and other incomes were totaling of 14 Million Baht. The Company also gave priority to launch a new campaign in selling and marketing to
and creative service income, and other incomes were totaling of 14 Million Baht. The Company also gave priority to launch a new campaign in selling and marketing to boost up the remaining residences of
business can be divided into 2 categories including (1) television program production and distribution and (2) creative and marketing management communication services. In 2017, the Group generated revenues
provinces of Thailand. The Company’s products are categorised into 5 main types consisting of (1) Billboards, (2) Street Furniture, (3) Digital Advertising, (4) Overseas Advertising, and (5) Creative OOH. 1
growth of food business. For hotel business, the Company still plans to open the new hotels. However, the hospital industry in Thailand may remain under pressure due to the strong Thai Baht that adversely
growth of food business. For hotel business, the Company still plans to open the new hotels. However, the hospital industry in Thailand may remain under pressure due to the strong Thai Baht that adversely
or 45% from last year. The Group realized a THB 38.72 million profits from the sales of Index Creative Village Group, leaving a 6.91% stake and deconsolidated earning report in this quarter. The Group
venture with Sansiri, experiences an impact from the new LTV policy and the market uncertainty due to the trade war. The pace of release of newly launched projects are expected to be slow. Sansiri's strong
and, consequently, build a strong company culture. Further analysis validates the results, including propensity score matching (PSM), entropy balancing, an instrumental-variable analysis, Lewbel’s (2012