cost, in order to prepare for an increased level of production and the Company’s aggressive growth in the future. Additionally, the Company recorded loss recognition of Baht 4 million from Monde Malee

Owner of the Company before exchange rate 1,660.42 1,097.85 562.57 51.2 Gain (loss) on exchange rate 200.65 (256.34) 456.99 178.3 Profit Attributable to Owner of the Company 1,861.07 841.51 1,019.56 121.2

Tax Expense (11.0) (19.8) -44.5% (17.3) (26.6) -34.9% Profit attributable to Owners of the Parent 857.5 295.9 189.8% 1,281.8 1,012.0 26.6% Foreign Exchange Gain (Loss) 162.3 (315.3) -151.5% 256.9 (64.7

2017 Pe rfo rm an ce Revenues 8,117 3,526 Sales Volume (k tons) 388 189 EBITDA 548 317 Net Profit (Loss) 366 967 HR C HRC Sales (k tons) 388 189 HRC Production Volume (k tons) 382 183 HRC Average Selling

, AIS fully expensed handset subsidy as either handset loss or marketing expense. With the effect of TFRS 15, key financial changes, compared to prior to 2019, will be as follows: a) Device subsidy

1,453.4 3.9% Income Tax (Expense) Income (6.4) (17.5) -63.4% (23.8) (44.2) -46.2% Profit attributable to Owners of the Parent 456.2 631.1 -27.7% 1,738.0 1,643.1 5.8% Foreign Exchange Gain (Loss) 10.4 124.9

%) (194.2) (204.6) (5.1%) Share of profit/loss from JVs/associates (equity income) 292.0 27.0 982% 99.4 (69.00) 244.1% Reported Net Profit/Loss 1,866.9 (633.1) 394.9% 1,752.2 (40.2) 4,458.7% GOP margin

compensation from NBTC partially covered revenue loss. After gradual lifting of lockdown in late May-20 and economic activity slowly resumed, there were pent-up demand led to rebound in new acquisition and

was Bt6,644mn, decreasing -1.7%YoY as D&A rose from new spectrum and expansion and decreasing -7.3%QoQ from unrealized foreign exchange loss and tax benefit in 4Q20. Market and Competitive Environment

loss and high base of 2Q21 with one-time other income. Revised guidance from rising economic concerns Due to a rising concern on inflation, consumer spending, and continued intense competition, AIS