earnings. Financial ratios Profitability: AIS continued to deliver profitability with an EBITDA margin of 48.4% from well-managed cost amid a rising cost environment and pressure from price competition while

the participation of businesses with paid-up registered capital and shareholders? equities not less than 20 million baht, or having either profit or retain earnings in the latest fiscal financial

required to have either a paid-up registered capital with shareholders? equities not less than 20 million baht or have profit or retain earnings in the latest fiscal financial statements. Qualified business

increased by THB 2,648.8 mm from THB 31,014.1 mm as of 31 December 2018, mainly from WHA-W1 exercise and increase in market price of REITs as well as increase in retain earnings. KEY FINANCIAL RATIOS 31

million or up by 9.66% as compared with the previous year. This was due to the higher earnings before tax. Table2: Financial Summary for the nine-month period of year 2016 and 2017 Unit: Million Baht 9M

license acquisition. Total equity was Bt57,669mn increasing 14% YoY from higher retained earnings. As a result, AIS's financial position remained strong with a current ratio and an interest coverage ratio

compared to the previous year. This was due to the higher earnings before tax. Table 2: Financial Summary for the 1st half of the year 2019 and 2018 Unit: Million Baht H1’2019 H1’2018 Increase (Decrease

power is expected to remain strongest. The financial results of the Company and its subsidiaries for the three-month ended 31 June 2018 which has been reviewed by auditor as follows: Table 1: Financial

expenses were Bath 322.22 million, an increase of Baht 45.12 million or up by 16.28% as compared with the previous year. This was due to higher earnings before tax. Table 2: Financial Summary for the nine

347.88 million, an increase of Baht 25.66 million or up by 7.96% as compared to the previous year. This was due to the higher earnings before tax. Table 2: Financial Summary for the nine-month period of