economics’ slowdown is expected to continue in 2Q19 since the negative impacts remain unsolved. The global economic is expected to be pressured from an uncertainty of the USA-China Trade War. New government

specifically investment expenditure for the Telecommunication Infrastructure Project of Ministry of Digital Economy and Society has been expanded. Meanwhile, the government investment slowed down because the

) (11%) Smart service business 854 50% 881 49% (27) (3%) Total revenues from main business 1,660 96% 1,741 96% (81) (5%) Other income 69 4% 80 4% (11) (14%) Total revenues 1,729 100% 1,821 100% (92) (5

Unit : MB For the period ended Change 31 March 2020 31 March 2019 MB % Net sales 195.84 238.99 (43.15) (18.06) Revenue from services 2.05 - 2.05 100.00 Other income 10.32 9.49 0.83 8.77 Total revenues

wait for clarity from the election. Resulting in investment from the private sector Government slowdown high competition Customers postpone the plan and delay investment. Resulting in the results of

from the private sector and the government slowed down. There is intense competition. The cost of goods increases from the labor cost that the company must bear. In the second quarter of 2019, the

year, private investment slowed down as confidence in the election and the direction of investment from the government through large projects. In the second quarter of 2018, the Company have been

investment slowed down as confidence in the election and the direction of investment from the government through large projects. In the third quarter of 2018, the Company is more productive for our customers

economic growth slowed down from the previous year, which is mainly due to the rapid slowdown in exports from the risks of global economic policies, including trade wars and Brexit. The Thai government

income from e-payment business, which was directly impacted in the second quarter of the current year from the government announced to closure of international travel under policy to control the epidemic