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- - - Retained earnings 24,675 8.7% 30,103 11% 2027 9,000 - - - Others 25,752 9.1% 25,965 9.2% Total Equity 50,427 18% 56,069 20% Credit Rating Fitch National rating: AA+ (THA), Outlook: Stable S&P BBB+, Outlook
to mid-single digit, while maintaining EBITDA outlook with low-single digit decline and CAPEX of around Bt35bn. Market and Competitive Environment In 3Q20, mobile competition remained stable as all
BUSINESS PLAN AND OUTLOOK The overall business outlook for 2H 2019 is slightly restrained; with potential impact from trade war and exchange rates constraining the business but favourably counterbalanced by
2030 2,934 3,473 2031 3,000 Credit Rating Fitch National rating: AA+ (THA), Outlook: Stable S&P BBB+, Outlook: Stable Source and Use of Fund: 3M23 (Bt.mn) Source of fund Use of fund Operating cash flow
annualized YTD. *Exclude Lease liability Credit Rating Fitch National rating: AA+ (THA), Outlook: Stable S&P BBB+, Outlook: Stable Source and Use of Fund: 1H23 (Bt.mn) Source of fund Use of fund Operating cash
because of Baht appreciation. Business outlook for Q1/2020 was expected that Thailand economy would be depressed compared to the same period of 2019, in line with economic and the slowdown of private
power and increased price competitiveness. For the business outlook for Q3/2020, the trend of the Thai economy is expected to contract compared to the same period of 2019 from the COVID-19 pandemic
recovered. Bank of Thailand has adjusted down Thailand economic outlook forecast to a contraction of 8.1% for 2020, instead of 5.3% contraction previously forecasted. The crisis of the COVID-19 pandemic has