due to decreased of the revenues from Ibis Style Hotel Chiangmai by THB 4.89 million causing from low season together with economic slowdown impact and closing partial hotel area for renovation. For

, and without incurring substantial costs of relocation and renovation. Moreover, the Company’s employees are familiar with this neighborhood, and there is no sufficient space available in other nearby

were continued expansion of the outlets network for the existing brands together with the reopening those outlets closed for renovation last year, sales of premium and CRG Gifts products, and the

with expansion of service stations and non-oil businesses, together with constant refurbishment of service stations. While the industrial sales volume decreased, as a result of the optimization of sales

quarter, as Q4/2018 incurred high amounts of disbursement for expenses related to personnel, marketing promotion, and annual service station refurbishment during the end of the year, resulting in increased

screens and 180 lightboxes. This will increase our media capacity by THB 200mn to THB 1,700mn in 2019. The renovation is expected to start commercialisation in 2Q2019. • Expanded our presence in the

during the renovation of its Street Furniture & Digital media, which led to a decline in overall revenue in this segment. In this year, the revenue contribution was divided into 1) Domestic Advertising

increasing 13% YoY and 5.3% QoQ from shop expansion and renovation.  Bad debt was Bt551mn, increasing 57% YoY in accordance with larger revenue contribution from postpaid segment. QoQ, bad debt dropped 2.6

cost and other costs related to fixed broadband. • Depreciation and amortization was Bt464mn increasing 12% YoY due to shop expansion and renovation. • Bad debt was Bt2,199mn increasing 43% YoY following

products to meet clients’ requirements, the demand of the products therefore continuously increased, especially power tools which are generally used in construction or home renovation. However, sales of