subsidy policy during COVID-19 situation. Net profit (loss) The company incurred net loss of 74.75 million Baht for the first half of 2020, increased by 14.40 million Baht from the same period last year
licensee had gained during the business operations as follows: (2.1) Subsidy for rental expenses for television multiplex using the digital terrestrial spectrum (“MUX”) pursuant to the Notification of the
independent financial advisor to carry out the relevant functions, including provide its opinions as required by the Notifications on Connected Transactions. In this regard, the Company has appointed Grant
currency forward contracts 2 37 (19) N/A -152% 58 18 -70% Gain (loss) on foreign exchange 250 271 92 -63% -66% 335 363 9% Reversal of allowance for gain/(loss) from impairment of assets 0 (101) 19 N/A -118
(5,890.19) 0.00 (5,890.19) Allowance for devaluation of inventories 0.00 0.00 0.00 0.00 Gross profit (loss) by segment 541.40 0.00 541.40 6.83 548.23 Segment income (%) 99.89 0.00 99.89 0.11 100.00 Sales to
services (4,799.36) 0.00 (128.82) (17.44) (4,945.62) 0.00 (4,945.62) Allowance for devaluation of inventories 4.00 0.00 40.00 0.00 44.00 44.00 Gross profit (loss) by segment 568.22 0.00 51.90 (7.66) 612.46
resulted in reallocation between sales and service revenue as well as marketing expenses while device subsidy is capitalized as contract assets and amortized against the service revenue over the customer
sales such as personnel cost, rental and service expenses, utility expenses, credit card expenses, advertising and promotion expenses and COVID-19 wage subsidy from Italian government as well as the
activities and spending. The situation has led to an adverse economic effect on individual and business across various sectors, so Thai government has issued measurements such as cash subsidy payment and
margin remained negative at -4.9% and partly reflected competitive handset subsidy campaigns, compared to -2.7% in 2Q17. However, the margin improved from -16% in 3Q16, when aggressive handset campaigns