257.35 353.79 (96.44) -27.26% Cost of goods sold and cost of services 217.76 434.06 (216.31) -49.83% 39.59 (80.28) 119.87 -149.32% Selling and Administrative Expenses 40.15 36.61 3.53 9.65% (0.56) (116.89

marketing expenses. Excluding TTTBB, SG&A decreased -1.4% YoY. • Marketing expenses reported at Bt5,784mn, decreasing -18% YoY from the high base last year after the country reopened post-COVID-19 and cost

, consumer confidence depression and high level of household debt though, there was some spending of consumer goods from the COVID-19 pandemic distress. However, the government sector has launched remedial

flat service revenue both qoq and yoy. Our mobile business still contracted (-1.5% yoy, -0.9% qoq) but at much lower pace while the home broadband business hit a new high of demand to work from home (+21

wait for clarity from the election. Resulting in investment from the private sector Government slowdown high competition Customers postpone the plan and delay investment. Resulting in the results of

-1.53 baht per share as appraised by the IFA. Besides, the proposed investments in PFA and HPS are considered inappropriate and involve high risks, since the offer price of 565 million baht for PFA is

from all products and sales channels, effective cost and expense management. As a result, the Company is able to make an operating profit of 3.3 million Baht (April – June 2019). The Management will

. Moreover, there was a high base in Q4’2017 since the market reacted to an announcement of the new excise tax imposed to RTD Tea before the regulation became effective in mid Sep’17. Although the challenging

profit by increasing revenue from all products and sales channels, effective cost and expense management. As a result, the Company is able to make an operating profit since quarter 2 year 2019. The

deliveries postponement to some Government projects to 2020. Furthermore, the significant flooding of Chinese goods amid the ongoing US-CHINA trade disputes has sent the market into high competition and