is poised to continue in 2018. The Thai GDP expanded by 3.8% in the first 9 month of 2017, (following the growth of 3.3% in the first 9 month of 2016)1. The growth supported by a marked upturn in

supported by the grant fund for solar power project development from Australian Renewable Energy Agency (ARENA) in an amount of AUD 9.50 million. The Project is located in a closed coal mine area in the north

price). Larger sales volume this year was supported from higher biodiesel mandate and from government special request for private sector to stock crude palm oil and biodiesel. Nonetheless, the company’s

307.54 (34.85) (10.18%) 1,764.82 1,674.52 (90.30) (5.12%) Finance cost 38.01 35.03 (2.98) (7.84%) 119.56 140.85 21.29 17.81% Income tax expenses 60.45 47.54 (12.90) (21.35%) 326.66 301.65 (25.00) (7.65

quarter of 2019 continued to expand driven mainly by domestic demands. Private consumption expanded in all categories supported by the improvement in purchasing power from the rise in farm and non-farm

(1,290) (1,217) (1,194) -7.5% -1.9% (2,582) (2,411) -6.6% Income tax (1,599) (1,535) (1,542) -3.6% 0.5% (3,257) (3,077) -5.5% Non-controlling interest (19) (1) (0) -98% -70% (30) (1) -96% Net profit for

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

2018) 2 VGi GLOBAL MEDIA PLC MANAGEMENT DISCUSSION & ANALYSIS 2Q 2018/19 7 NOV 2018 2) PAYMENT (DIGITAL SERVICES) – ROBUST USER GROWTH SUPPORTED BY STRONG BUSINESS DEVELOPMENT Rabbit LinePay  We

from higher staff cost, shop expansion & renovation, and the one- time expense of Bt134mn regarding withholding tax in 3Q18. In 2018, %bad debt to postpaid revenue declined to 3.8% , compared to 4.3% in

) 1,230.51 274.45 Gross Profit (Loss) 163.14 (24.34) 187.48 770.25 Sales & Administration Expenses and Financial Cost and Tax Expense (32.44) (20.02) 12.42 62.04 Net Profit (Loss) 132.25 (43.62) 175.87 403.19