mainly due to the loan interest expense from the Lofts Asoke project was recognized as financial cost after the construction completed in December 2018. Moreover, in comparison with 2Q18, in 1Q19, the

17.36% down from 2017 due to higher operating expense from new further processing factory which was not reach target utilization in the first half of 2018. Financial Cost Financial costs of the group

is equal to a Net Profit Margin of 10.4% of total revenues or a slight increase from the Net Profit Margin of 9.6% for the same period last year, resulting from decreasing in interest expense due to

YoY and THB 366 million QoQ, mainly from BCPG’s investment in Star Energy Group Holding Pte. Ltd. operating geothermal energy business in Indonesia. 9. Tax expense was credited due to the company

–4.2% in 2016, due to softened handset campaigns. Cost & Expense In 2017, cost of service (excluding IC) was Bt62,460mn increasing 19% YoY due to higher D&A and payments for the partnership with TOT

offset by seasonal churns of one-time segmented SIMs. Prepaid ARPU declined 5.5% QoQ to Bt142 due to low-end offering of unlimited data plan in the market. At the end of 2Q21, 5G subscribers accounted for

offered to customers, and due to an increase in prepaid expense amounted THB 123 million resulting from sponsorship payment to an English football club as dictated in the contract. 3. Inventories

, impairment and lease income 84 48 36 75% - SEGSD : The operating result was increased by 36 million Baht due to a decrease in administrative expense and corporate income tax. Meanwhile, interest expense was

(+274.44%). This was due to a decrease in marketing expense of THB 44.41 million as there was no The Match Bangkok Century Cup 2022 sponsorship this year. Management Discussion & Analysis Q3/2023 6 I 10

acquisition in PetroWind Energy that operates Wind Power Plants in the Philippines, realizing an increase in share of profit. 8. Tax expense was credited due to the company receiving income tax refund from 2007