great emphasis on effective revenue generation from new malls, asset enhancement, coupled with efficient operating costs management. Currently, CPN manages 30 shopping malls with the net leasable area

Dividend policy • Minimum 70% of net profit Strong mobile data growth continues with improving network perception In 2018 mobile data consumption is expected to continue its robust growth underpinned by

among particular segments including teens and tourists. Fixed broadband saw healthy growth focusing on FMC AIS Fibre has achieved robust results with revenue growing 27% YoY and 6. 3% QoQ while net

Plc4, VGI’s subsidiary. The Company wants to place a stronger focus on building the most robust Offline-to-Online ecosystem in Thailand and have seized this great opportunity to sell our international

robust Fit Fast Firm project (OSP’s cost saving program), which continued to drive further margin improvement through product formulation optimization, lower key raw material prices, higher supply chain

reducing the rental fees for a certain period. Residential and Others The residential segment has slowed down before COVID-19 due to the Loan-to-Value (LTV) measures and reduction in purchasing power of

interest-bearing debt to equity is robust at 0.46 times. December 31, 2019 June 30, 2020 Change (THB million) (THB million) (THB million) % Cash and cash equivalents 3,591.6 2,779.1 (812.5) (22.6%) Total

purchasing power of foreign investors, to which the Company has continually adjusted its marketing and selling plans. For projects under development, the progress is still on track and has little impact from

or –1.1%QoQ. Despite intense competition, AIS fibre gained 112k net adds in 2Q20, resulted in total subscribers of 1.2mn. Underpinned by work-from-home trend, AIS fibre had robust acquisition with the

restriction measures limiting business activities while government offered some subsidies that partially supported consumer purchasing power. Restrictions were gradually relieved beginning September including