% compared to the same period of time in 2018. This was due to the higher adjustment of appraisal value of NPAs in which has been offset by an increase in Tax and Duties from higher Accrued income from auction

growth; 2.) slow pace of growth in tourism sector which supported by number of tourists from India, Japan, Hong Kong and Malaysia offset an unrecovered of Chinese tourists; and 3.) government subsidy to

offset by higher mpared to 41.3% 08mn.  s Bt738mn  incre proportion of  service  revenue re  445,900,  a  have  slowed  acquiring  orga mproving  trend Q17 to Bt600 in hers were Bt1,6 QoQ.   8  increasing

to higher depreciation and the consolidation of TTTBB costs. It stayed flat QoQ, as higher depreciation was offset by lower maintenance and transmission costs. • Regulatory fee was Bt1,629mn

million baht. However, this was offset by cash outflows used for acquisition of property, plant and equipment and increase in percentage of ownership in SPF to be 33.0 percent. Cash flows from financing

decrease in current investments, dividend income from investments in associates and cash received from sales of equipment. However, this was offset by cash paid for acquisition of property, plant and

mostly derived from a decrease in current investments, dividend income from investments in associates and cash received from sales of equipment. However, this was offset by cash paid for acquisition of

properties for sale and adjustment of Baht 2,148. 6 million, Baht 1,897.4 million, Baht 2,873.0 million, Baht 2,073.0 million and Baht 1,611.5 million, respectively; and less ( ii) any reversals from

eventually caused the cost of goods sold to increase to an additional 1% of sales on top of the 2.7% increase last year. However, the higher cost of goods sold was lower as it was partially offset by higher

year. We have booked higher implementation revenue but the license income slowed down compared to 2017. Overall, the growth in implementation revenue was offset with the reduction in license revenue. At