MB and decrease in other current assets by 1.8 MB. Non-current assets, PPE increased 0.9 MB, Right-of-use asset increased by 8.6 MB, intangible asset decreased by 0.3 MB, and deferred income tax assets

of corporate income tax exemption privilege from BOI since April 2019, resulting in 0.75 million baht increase in tax expenses in the 3-month period ended 31 March 2020 compared to the same period last

expenses 1,042.03 1,264.86 (222.83) (17.62) Total expenses 9,546.67 13,151.35 (3,604.68) (27.41) Profit before share of profit from investments in associated companies, finance cost and income tax expenses

business 26.89 29.25 (2.36) (8.06) 55.04 49.79 5.25 10.53 - Electricity business 41.73 52.69 (10.97) (20.82) 87.47 102.07 (14.59) (14.30) Profit before income tax 180.33 172.23 8.10 4.70 209.00 235.41 (26.41

) - 100% (709,726) - 100% Finance costs (16,792) (27,887) -40% (37,877) (56,456) -33% Profit (loss) before income tax 11,138 (71,996) 115% (777,305) (97,488) 697% Income tax income (expense) (10,178

1,234 2,077 (40.6) 256 381.9 Profit from operating before income tax expenses 1,798 1,353 32.9 1,983 (9.4) Income tax expenses 305 235 30.0 497 (38.6) Net Profit (attributable to equity holders of the

by 3.1 MB and decrease in other current assets by 1.7 MB. Non-current assets, PPE increased 2.8 MB, Right-of-use asset increased by 9.7 MB, intangible asset decreased by 0.2 MB, deferred income tax

371.47% Selling & Administrative Expenses 52.93 53.82 (0.89) (1.65%) Finance Cost 15.13 16.76 (1.63) (9.75%) EBT 107.07 79.62 27.45 34.47% Tax (4.00) (12.29) (8.29) (67.46%) Total Comprehensive Income

increase of 4.5% YoY and 4.4% QoQ in spite of rising network D&A. As a result of recurring tax benefits from investments in 2016 and 2017, effective tax rate stood at 17% in 1Q18. 4 1Q18 MD&A Advanced Info

1Q2017. Income Tax Expenses The income tax expense of the Group in 1Q2018 was THB 46.33 million, increased by THB 27.66 million or 148.05% up from 1Q2017 mainly from higher corporate income tax of our