in Ft value that had gradually increased since 2Q17. Meanwhile, administrative expenses decreased as a result of lower marketing and promotional activities in the build-up to the royal ceremony in

outlook for 4Q17 should be positive compared to last year after passing the mourning period and Royal Cremation Ceremony since the end of October 2017. For hotel renovations, the Company already completed

well by 42.98 million Baht because in 2 0 1 6 , the company had to pay for the excess amount of water drawn from Bangpra that exceeded the quota permitted through an agreement with Royal Irrigation

, the media industry is expected to grow by 10%2. Empirically, VGI has benefitted from the improving performance in media industry with a significantly better order intake after the Royal Cremation

the water drawn from Bangpra Reservoir that exceeded the quota permitted through an agreement with Royal Irrigation Department during the drought by 27.74 million Baht. 6. TAP WATER BUSINESS Tap water

renovation of three hotels under Dusit Thani brand, and caused by a temporarily weaker demand from catering and convention during the mourning period and the royal funeral of King Bhumibol Adulyadej. Earnings

goods sold increased in line with the increasing sales volume and the reasons as follows: 1) Electricity cost increased due to the raising of demand in Chonburi area. Moreover, the Royal Irrigation

( IM) of 900MHz and 1800MHz license auctions in the Royal Gazette in Jul-18. Any operator with an interest to bid can submit an application for both licenses on 8-Aug-18. The auction date of 900MHz will

. At the same time, M-150 team have been joining the Big Cleaning Mission with the Royal Thai Army, volunteers and Bangkok officials in cleaning and disinfecting various public areas in Bangkok, and

, Coronation Day, Visakha Bucha Day, Royal Ploughing Ceremony Day and H.M.Queen Suthida’s Birthday. (Translation) Bangkok Expressway and Metro Public Company Limited Management Discussion and Analysis for the