, offset by lower regulatory fee. • Regulatory fee was Bt6,272mn declining 40% YoY and represented 4.9% of service revenue (excluding IC), compared to 8.5% in 2016. The decline includes a one- time benefit

had finance cost of Baht 311.94 million, decreasing by Baht 54.25 million or 14.81% from the same period of 2017 because of loan repayment and decreased average cost of debt. Income tax expenses

previous year. The profitability of methyl ester was pressured by stiffen competition with increasing supply in Thailand. Additionally, the declining of palm oil price and the falling global glycerine price

strong growth in fixed broadband and enterprise business, but fell -1.9% QoQ mainly from mobile revenue. • Mobile revenue was Bt28,847mn, declining -1.7% YoY and -2.5% QoQ following a downward trend in

) measured at amortised cost  Adoption of TFRS 16 requires the recognition of right-of-use assets and lease liabilities Overall market environment The Thai economy for 1Q20 continued on a declining trend

financial reporting standards. Overall market environment The Thai economy for the first quarter of 2020 continued on a declining trend comparing to last year due primarily to the COVID-19 outbreak which

price of crude and finished product to make its downward trend. With demand for fuel consumption declining across the globe, combined with the Organization of Petroleum Exporting Countries [ OPEC] and

at June 30, 2018, the consolidated debt to equity ratio was 0.45 time and the consolidated net debt to equity ratio was considerably low at 0.30 time. Financial Highlights 2Q 2018 2Q 2017 Change 6M

. 61% down from 3Q2017. For capital structure of the Group, as at September 30, 2018, the consolidated debt to equity ratio was 0. 43 time and the consolidated net debt to equity ratio was considerably

million, declining 26.3% from Baht 618 million in 2Q16. 6 Allowance for doubtful accounts and allowance for troubled debt restructuring amounted to Baht 11,089 million with outstanding Baht 4,500 million in