%) (50.51) (83%) Non-controlling interest 3.37 1% (10.19) (2%) 13.56 133% Profit (loss) (6.84) (1%) (70.91) (15%) (64.07) (90%) The Group’s total revenue for the second quarter 2019 was at THB 601.23 million

Baht 83 million or (22%) from Baht 383 million in Q3/2018 to Baht 466 million in Q3/2019. The increase was derived from all business units: engineering service, management service, solar energy, and

100%. These measures have altogether supported the encouraging performance recorded this quarter, with recorded revenue at THB 473mn, or a solid increase of 80.6% YoY and net profit of THB 68mn, which

maintenance shutdown in the last quarter. Consequently, the gross profit in Q2/2017 increased by Baht 158 million or 14% from Q1/2017. When compare Q2/2017 with Q2/2016’s net profit, Q2/2017’s net profit

Governance Project" of the Securities and Exchange Commission (SEC). An English version of the MD&A has been prepared from the Thai version. In the event of a conflict or a difference in interpretation between

income 155 1 154 100% Total revenues 155 1 154 100% Cost of sale - - - - Other expenses (90) (94) (4) (4%) Total expenses (90) (94) (4) (4%) Profit (Loss) before the effects of foreign exchange, deferred

Commission (SEC). An English version of the MD&A has been prepared from the Thai version. In the event of a conflict or a difference in interpretation between the two languages, the Thai version shall prevail

our innovative power businesses, both in the short and long term. Also, GPSC hold a group roadshow for the upcoming Green Debenture Offering of THB 5,000 million to institutional and/or high net worth

Exchange Commission (SEC). An English version of the MD&A has been prepared from the Thai version. In the event of a conflict or a difference in interpretation between the two languages, the Thai version

management discussion and analysis http://maco.listedcompany.com/misc/mdna/20181106-maco- mdna-3q2018-en.pdf). Trans.Ad Group’s Shareholding Structure 81.65% Trans.Ad Group 89% 100% MACO Eye on Ads Trans.Ad