profit rates while last year, the Company has renewable energy construction projects that low rate. The gross profit from sale business of the 1st quarter of year 2018, the Company has gross profit from

subsidiaries Q1/17 Q4/17 Q1/18 Change +/(-) (THB million) QoQ YoY Operating revenue 5,366 4,849 5,716 18% 7% Cost of sales (exclude depreciation and amortization) (4,268) (3,534) (4,069) 15% (5%) Gross profit

from the change in defined benefit plan according to KBank’s employment policy which is not related to labor law, together with rising marketing expenses, our cost-to-income ratio stood at 45.02 percent

level of household debt and conservative spending are continue to hinder domestic consumption by limiting consumption with only necessary items, decreasing in spending frequency and low- price. The

and service income – Cost of sales and services (does not include other income) Q2 2018 Q2 2017 YoY change YoY % change Unit: Million Thai Baht (THB) Sales and service income 292.69 231.08 61.61 27

percent in Q2/2018). The increase of gross profit was the result of low overhead cost due to high production volume and the higher in sales.  Selling Expenses The Company and its subsidiaries had the

customers are cash holders. The possibility of change of customer behavior is low. The main factor of change from prepaid to postpaid is the customers’ higher income. Thus, the Company still maintains the

increase the frequency of use. The Company is confident that prepaid customers are cash holders. The possibility of change of customer behavior is low. The main factor of change from prepaid to postpaid is

- 2018 Balance by Quarter Change Q2–18 Q1–18 Q2–17 Q1–18 VS Q1–18 Q2–18 VS Q2–17 (Million Baht: MB) (MB) % (MB) % Total Revenue 1,029.9 1,044.9 1,345.4 (15.0) (1.4) (315.5) (23.5) Total Operating Expenses

to the total revenue and total expenses for Q1–2018 and Q1–2017, it found that the change rate in total revenue which was 8.3%, was lower than the increase rate in cost which was 1.3% due to the gross