temporarily closedown shopping malls and shopping centers. In addition, the cloud kitchens helped facilitate food delivery drivers (Riders) and maintained normal delivery fees for customers who are in the

, outage amortization of GHECO-One has been reclassified to maintenance cost. This, partly, has been a contributing factor of increased maintenance cost reported in Q1/2020 onwards. Key revenue drivers Q2/19

guidance is based on LTM 2Q 2018 average margins although we believe the current market conditions could result in higher yields Table 5: Business Key Drivers Core EBITDA ($/t) LTM 2Q18 1H18 2019F Key

the previous year. 2017 was a year of record high revenue and profitability. The growth drivers include: 1. The consolidation of financial statements with two outdoor media operators, Multi Sign and

sentiment, accompanied by growth in public investment which resembled the growth rate from the same period last year. All in all, economic drivers continued to perform well particularly merchandise exports

. The domestic economy recovered at a modest pace. Public spending and private consumption remained to be the main growth drivers. Private investment remained at a similar level compared to the same

) 0.24 0.23 0.01 4% Note: Gross profit = Sales and service income – Cost of sales and services (does not include other income) 3.1. Analysis of Q4 2017 and 2016 results The key drivers of Q4 2017

growth in every segment. C-Vitt continued its momentum with 148.9% growth YoY and energy drinks with herbal benefits, Som-in-Sum and Chalarm Black Galingale, were the key drivers. Besides, OEM-glass

3.95 baht. The key drivers were mainly from an increase in core business revenues, continued growth of bad debt recovery, and continued success to control the operation cost and finance cost as well as a

= Sales and service income – Cost of sales and services (does not include other income) 3.1. Analysis of Q1 2018 results The key drivers of Q1 2018 performance on the positive side was the higher volumes