% 1,572 7.8% Equipment – net 1,615 16.8% 1,695 8.4% Investment in JVs, associates and other long-term investments 1,421 14.8% 7,685 38.1% Goodwill and excess of acquisition costs and net assets 1,748 18.2
and the increasing in competition among entrepreneurs under the situation of excess supply from products and raw materials coming in from various countries. Therefore those factors have been affecting
projects in Q4-2020. For example, in Q4–2021, two projects in excess of 100 MB were recognized with a total value of 311.6 MB, whereas in Q4-2020, five projects in excess of 100 MB were recognized with a
gradual increment of rig counts being used in the US; leading to concerns that supply reduction measures that producers have elected to follow, will not be able to curb market excess supply. On the other
participate in the supply reduction had to stop fuel pipeline transfers, leading to lower production and export of crude oil; alleviating market pressure from excess supplies. Also, active oil rig counts in the
potential demand in untapped locations (e.g. shopping malls in 2-tier or 3-tier cities and office building) where our major outlets could not cover demand. Throughout 2019, 25 pop-up stores, generating
16.21% while Tier-1 ratio was at 12.42%. 10 When including profit up to end of 1Q19, the BIS ratio will increase to 17.81% while Tier-1 ratio will be 14.01%. Business Segment Performance The Kiatnakin
Competitive Environment Mobile market in 1Q19 continued to face pricing pressure. Although competition in postpaid segment has improved with most of low-tier fixed-speed unlimited plans discontinued, several