will be at least THB 1,300.00 million and not exceeding to THB 1,503.80 million (exclusive of value added tax, fee and expense for ownership transfer). The value of sub- leasehold right will be

period of new branches. However, the cost of food and beverages for core brands was well-controlled and even decreased from the previous year. Selling and Distribution Expenses (1) For the years ending 31

pandemic situation in Thailand is under well-controlled and businesses somewhat resume normal operation, economic recovery remains vulnerable from high unemployment rate, slowdown export, absence of foreign

mobile leadership and expanding other businesses. As process digitization continues, operating expense is expected to be controlled, offset by the cost to support network growth in all businesses. As a

2016 2017 2018 Investment in jointly-controlled entity 700,000 700,000 700,000 Equipment 1,021,248 13,237,562 15,280,393 Intangible assets - 16,510 469,457 Deferred tax assets - 246,605 7,033,281 Other

jointly-controlled entity 700,000 700,000 700,000 Equipment 1,021,248 13,237,562 15,280,393 Intangible assets - 16,510 469,457 Deferred tax assets - 246,605 7,033,281 Other non-current assets - 2,495,158

capital to marking our core mobile leadership and expanding other businesses. As process digitization continues, operating expense is expected to be controlled, offset by the cost to support network growth

quarter, the company has controlled the selling and administrative expenses for more efficiency. However, the Company and its subsidiaries have set aside provision for additional employee benefits at the

mainly to controlled network OPEX and marketing expenses. As a result, AIS reported EBITDA and net profit of Bt18,998mn and Bt8,005mn, respectively, both growing +11% YoY and flat QoQ. Revised revenue and

management continued resulting in controlled network OPEX. SG&A rose in the quarter to support customer acquisition and the one- time expense of Bt134mn on withholding tax. As a result, normalizing the one