recognized in Q4 2021 was higher than other quarters in comparison. In addition, there is a new rental income which has a relatively high gross margin. Operating Results and Capabilities to Make Profit

IT automation, enabling autonomous monitoring, maintenance, predictive data analytics, and artificial intelligence capabilities. With these, we emphasize driving growth in core service revenue across

. For example, The company does not set expected sales much higher than its capabilities so that it will lead to sales manipulation. 8.3 The audit committee considers and inquires executives in accordance

total revenue by 6. 7% while the profit decreased by 26. 8% mainly due to higher impairment losses on financial assets and higher income tax expenses in Q4–2022. -4- Operating Results and Capabilities to

for digital transformation remained for Thai businesses to improve organization operational capabilities. Hence, the corporates maintain their needs for quality connectivity services as well as

adjusting accrued employee-related expenses that were recorded in the previous quarter to be in accordance with the actual approved amount. Operating Results and Capabilities to Make Profit Performance from

company has strong short- term debt management capabilities and good liquidity. The improving liquidity ratio has contributed to the company's financial stability, even though interim dividends have already

E_1 Legal_FA_2015_12_29-c A CorpL4.1hig A Executive Summary of Management Discussion and Analysis 1 For the Year Ending December 31, 2019 Thai economy in 2019 showed decelerating growth at 2.4 percent compared to 4.2 percent in the previous year.The slowdown could be attributed to exports which contracted further due to the stronger Baht and a global economic slowdown. In addition, the investment environment of both the public and private sector remained weak, and private consumption, albeit gro...

provide scale benefits and improve operating capabilities. In response to industry headwinds, Management has improved its special focus on cost and working capital optimization programs. Disciplined

the Bank exposure towards high growth markets  Generates significant synergies by leveraging the Bank’s network and expertise as one of the largest ASEAN banks  Enhances cross-border capabilities for