attributable to an increase in headcount in connection with the restructuring, including senior positions moving from other Central Group businesses, and an increase in severance pay obligations pursuant to the

increasing or decreasing from changes of inventory at the end of period. Page 2 2. Overview of Domestic Economy and Ready-to-Drink Fruit Juice Market In 2019, moving Annual Total (MAT) Year 2019 of domestic

of 2016 to first quarter of 2019 had more fluctuated by moving from the lowest point in the first quarter of 2016 then rebounded in the second quarter, and fell again in the third quarter and then turn

million. Moreover, vehicles under financial lease agreements-net amount of Baht 5 million was newly classified by moving from property, plant and equipment to be included in right-of-use assets according to

moving from prepaid into postpaid subscription continued, reflected in Postpaid revenue grew 8.4% YoY and 2.7% QoQ, while prepaid revenue declined -9.7% YoY and -2.2% QoQ. • Fixed broadband revenue was

moving away from traditional services towards value enhancement such as cross-selling and upselling to better monetize heightened customer demands. Furthermore, operators continue encouraging 5G adoption

: a) The discount rate represents the overall rate of return that the investment in CCPH & KPPH is expected to generate considering the inherent risks and costs in undertaking such investment. In

, the Company has supported the Ministry of Energy’s promotion of environmentally friendly fuel to reduce inherent air pollution, which led way to the debut of the B20 diesel products in BCP service

inherent credit risk. rated obligation. THE IOSCO CODE OF CONDUCT FUNDAMENTALS FOR CREDIT RATING AGENCIES As described in the IOSCO CRA Principles, CRAs should endeavor to issue credit ratings that help

the 3rd quarter of 2017 Bangchak Corporation Plc. 14 | which affected the cost of every product, while retail price was moving sluggishly in comparison. Marketing margin for the industrial market