political crisis in many country including War trade crisis between USA and China however the global economy still has continuously growing up. While Thai’s economic has trend to growing lower than

. Mobile revenue improved 2.6% YoY, mainly from postpaid segment. Average data usage increased to 4GB/sub/month, supported by growing 4G handset adoption (35%) and popularity of video streaming. The fixed

THB 203 million in 3-month period ending 30 June 2017, and (ii) revenue from 3rd party products for distribution increased by THB 177 million due to the growing number of 3rd party products for

party products for distribution increased by THB 177 million due to the growing number of 3rd party products for distribution i.e. up from 3 products as of 30 June 2016 to 18 products as of 30 June 2017

-month period ending 30 September 2017, and (ii) revenue from 3rd party products for distribution increased by THB 144 million due to the growing number of 3rd party products for distribution i.e. up from

driven by genuine consumer demands. Enterprise business rebounded with a better economic certainty. Non-mobile enterprise business reported a revenue of Bt1,520mn, growing 20% YoY and 14% QoQ, mainly from

, diversified and steady cash flows, growing with a combined EBITDA of 18% YoY and 44% LTM 2Q19. The Integrated Oxides & Derivatives segment was negatively impacted by the extended shutdown into 2Q19 following

the Company’s expectation given the intense competition in certain areas, such as Nakhon Ratchasima. Although rental rate escalations were affected and discount rates were higher in certain locations

Company Limited Management’s Discussion and Analysis (MD&A) Page 5 of 14 Same store rental revenue growth stood at 4.2% YoY In 2Q19, same store rental revenue growth stood at 4.2% YoY, despite intense

revenues from the manufacturing business accounted for only 4.4 - 9.6 percent of the total revenues as a result of a more intense competition, particularly a more variety of imported products with relatively