from US- China trade war, was another reason of decreasing of Chinese visitors. Thailand economic was favorably supported by domestic demand including private consumption and investment as well as

. Private consumption has tended to slow down due to lower income and employment rate, especially in the export sector. In addition, consumers' purchasing power is still affected by high household debt and

. Private consumption and investment tend to increase despite some of them slowdown from the outbreak of Omicron-type COVID-19. Public expenditures expanded comparing to the Q1-2021 due to capital

increase of number of Thai and foreign tourists. As a result, the service sector and private consumption have expanded. Private investment has improved while Public expenditure shrink from regular government

increase in gas consumption arising from the inclusion of the power plants, despite partly offset by a decrease in the average effective price of natural gas price which is tied to the weighted average price

in Q4/2018 continuously grew. Export-oriented manufacturing businesses continuously expanded but domestic-oriented manufacturing was rather stable as slow recovery of private consumption and high

synergies of the acquisition contributed to the growth in revenue while variable cost synergies (particularly on fuel specific consumption optimization) contributed positively to consolidated EBITDA

consumption. The competition geared toward postpaid segment with selective handset campaigns while prepaid handset campaigns were tapering. Meanwhile, pricing environment remained competitive with the new

the slowdown in domestic consumption. Moving Annual Total (MAT) June 2017 of domestic RTD fruit juice market was Baht 13,311 million, a decrease of 6% YoY following the slowdown in domestic consumption

consumption) NNP = Normalized net profit O&M = Operations and maintenance P.A. = Per annum PEA = Provincial Electricity Authority (Thailand) PPA = Power purchase agreement PTT = PTT Public Company Limited SG&A