Company Limited Management Discussion and Analysis for the Third Quarter ended 30 September 2017 Page 4/22 Overview of Economy and Competition in Commercial Banking The Thai economy in the third quarter of
Management Discussion and Analysis for the Third Quarter ended 30 September 2017 Page 4/22 Overview of Economy and Competition in Commercial Banking The Thai economy in the third quarter of 2017 accelerated
Analysis for the Year ended 31 December 2017 Page 4/21 Overview of Economy and Competition in Commercial Banking In 2017, the Thai economy continued to gain further traction underpinned by an accelerated
to mid-single digit, while maintaining EBITDA outlook with low-single digit decline and CAPEX of around Bt35bn. Market and Competitive Environment In 3Q20, mobile competition remained stable as all
economy and price competition Mobile revenue was Bt28,847mn, decreasing -1.7% YoY and -2.5% QoQ impacted by low spending amidst Omicron’s spread and relatively high base of 1Q21 from government stimulus
, including the company's project to construct a new corporate office building in order to expand its office space which will be developed on another plot of land with a total area of 5-0-22.6 rais situated on
of the Thai baht and the intense competition which caused the exports to shrink from the previous year. Domestic consumption was also affected by high living expenses and household debt, as well as the
revenue impacted from roaming and competition With the pandemic and escalated price competition in 1Q20, mobile revenue contracted -1.1% YoY and -4.5% QoQ to Bt30,334mn. As both inbound and outbound