slightly declined by 4.2 percent from highly intense competition particularly in domestic sectors which caused overall number of passenger, passenger yield and average fare dropped by 1.9 percent, 1.6

-113.3% Financial expenses -0.66 -1.16 0.50 -43.1% Share of income from investment in associate 0.09 0.52 -0.43 -82.7% Income tax expenses 0.82 -6.58 7.40 -112.5% Net profit for the period -4.40 27.71

in 1Q18. First was the acquisition of CS Loxinfo (CSL), totaling Bt3.4bn, which will provide synergy for AIS to strongly penetrate the enterprise market. Second was the investment in the Rabbit- LINE

4G network and value-for-money price plans continued to be localized in some key cities. On fixed broadband, competition remained intense in pricing and acquisition whereby the incumbents continued to

revenues from the manufacturing business accounted for only 4.4 - 9.6 percent of the total revenues as a result of a more intense competition, particularly a more variety of imported products with relatively

% down from 1Q2017. The revenue from feed business continued declining due to intense competition of animal feed and aquatic feed in Thailand reflecting falling in revenue from animal feed and fish feed

intense competition in Thailand reflecting falling in revenue from fish feed about 27.52% from lower sales volume of fish feed. However, revenue from shrimp feed rose by 18.41% from 2Q2017 mainly from

3Q2017. The revenue from feed business continued declining due to intense competition in Thailand reflecting falling in revenue from fish feed about 18.42% from lower sales volume of fish feed. However

year. Despite slowdown in revenue, AIS continued its 5G investment plan to strengthen leading position, resulting in a 3.4% YoY increase in cost of service. According to slowdown in marketing campaign

THB 823 million, reduced by THB 98 million or 10.60% down from 2Q2016. The revenue from feed segment continued declining in 2Q2017 due to intense competition of feed business in Thailand for both animal