1 / 6 MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS • Explanation and analysis of financial performance for the three-month period ended 30 September 2019
than191,742,674 shares will be equivalent to Baht 460,182,417.60. The Transaction on the Allocation of the Ordinary Shares for Payment of Shares of KPN Academy is a condition to enter into the Transaction on the
concert party. 2 When reporting the acquisition of convertible securities, please state the number of units for all types and series of convertible securities (if there are several types, combine the
situation in Thailand in 2017 is in a state of omission, festivals and entertainment media, as a result, and the advertising business has been affected both directly and indirectly. In 2018, the advertising
twork Serv he financial second qua or, the resu ance he Compan ancial state econd quar ng of net p eceivables. which was h margin stoo from collec be describe bts n of eivables ed income 017 cussion and
27.6 2,364 89.8 1,742 Analysis, 2nd Q nd (“the Compa ancial statem ending 30 J marized as f nancial state cond quarter erformance o the six-mont x-month per the second r was as a re e performanc roperty
144.2 607.6 017 cussion and nge of Thai ompany Lim e resolution y’s subsidia ed by the C nancial state the third qu ent. Thus, t financial st which was ofit ratio of ection and n the group Q3/2016 MB 4
state enterprise that take much time for the inspection and the payment approval. Besides, there were projects of government agency with long period in the payment process as well as credit term of trade
. In 2018, the Company devises the strategic plan to manage the ARPU. It is expected that the proportion of cost of services will return to a normal state in 2018. 2) Service & Administrative expenses