in building and equipment of THB 127mn mainly from Landy, GSG and Trans.Ad Group consolidation. Trade and other receivables were THB 968mn, which rose by 175.4% or THB 616mn from THB 351mn as of 31

from the consolidation of Landy. Trade and other receivables were THB 241mn, a decrease of THB 104mn or 30.2% from THB 345mn as of 31 December 2017. The Company gives 90 days credit terms to customers

expenses from NVD after business integration in January 2017 b) Increase in employee benefits from issuances and offerings of warrants to purchase the Company’s ordinary shares to directors and employees No

/impairment of asset, etc. Compared to that of the preceding year, SG&A in 4Q17 increased by 13% YoY and 25% QoQ, mainly due to three distinct sources: a) Additional SG&A expenses from NVD after business

. The increase was predominantly due to the consolidation of the acquired hotel business in Europe. 2) Revenue from the office for rent business of Baht 40.9 million, which grew by Baht 31.4 million or

last year. The increase was predominantly due to the consolidation of the acquired hotel business in Europe. 2) Revenue from the office for rent business of THB 43.4mn, which fell by THB 10.0mn or 18.7

2017). Highlights on Financial Position Unit : Million Baht 30 Jun 17 31 Dec 16 %Change Cash and Cash equivalents 16,663.7 20,116.7 (17.2) Trade and other receivables 10,103.8 10,696.5 (5.5) Inventories

, cost and expenses after the consolidation of Multi Sign Company Limited (“Multi Sign”) made in October 2016, which consequently led to an increase in the mentioned items compared to the same period last

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

. Excluding the consolidation of our Outdoor and Digital Services business, our revenue improved organically by 19.8% against a backdrop of double digit decline in overall advertising spending. Despite the