cannot generate revenue immediately; some investments are not fully utilized or have not reached an optimal level yet; and some projects are delayed. Thus, costs per unit climbed up at this point; 4

Company has total interest income of Baht 3,077 million in Q1 .2020, which is Baht 3,054 million of interest income on loans purchased of receivables (comprised of the part of fully received Baht 202

in Q1 .2020, which is Baht 3,054 million of interest income on loans purchased of receivables (comprised of the part of fully received Baht 202 million and part of account receivable Baht 1,238 million

Projection by KResearch Ye ar -o n- Ye ar C ha ng e (p er ce nt ) 4.7 3.2 3.7 3.2* 1.3 1.5 0.8 0.7 0 1 2 3 4 5 2Q 3Q 4Q 1Q GDP Headline Inflation 2018 2018 2018 2019 2 pressure from the ongoing decline in net

recovery coupled with high oil prices since early this year may put more pressure on inflation. Against this backdrop, central banks worldwide are highly likely to adopt a more tightening stance, especially

than the peak in Q1 2018 therefore easing somewhat the 2019 cost pressure. The optimization in plant layouts, internal logistics and peak electricity consumption has resulted in cost savings that have

aviation fuel services volume at BKK and DMK has grown by 0.5%(y-o-y) while the total multi-products of fuel volume of FPT has increased by 7.2% (y-o-y). For the total services income in the first six months

high pressure area from China has been covering the Northeast of Thailand and the South China Sea. The weather forecast of the Department of Meteorology was expected that the total rainfall in the

Competitive Environment Mobile market in 1Q19 continued to face pricing pressure. Although competition in postpaid segment has improved with most of low-tier fixed-speed unlimited plans discontinued, several

activities. Overall Domestic HRC market conditions remained subdued with downward pressure on HRC prices due to global trade tensions, high levels of imports and slowdown in Thai economy. While various