equipment rental, while SG&A was flat and dropped QoQ as marketing activities slowed down. EBITDA (pre-TFRS16) was Bt19,576mn, increased 3.8% YoY and 1.1% QoQ with a margin of 45.7%. Net profit (pre- TFRS16
experienced moderate growth amid global economic uncertainty, driven by the expansion of private consumption and tourism sectors, while the purchasing power of the grassroots consumer remained challenging. AIS
PF expansion in China, higher operating rates, partly offset by force majeure by a raw material supplier in Europe. In the Feedstock segment, 2Q 2018 production was 1,103 thousand tons, up 19% year-on
(5.5% of revenue from 10.5% in 2016). Network OPEX was flat QoQ but increased 99% YoY mainly from 4G expansion and addition of TOT partnership payment. EBITDA margin improved to 44.6% from 36.4% in 4Q16
amounting to THB 6.8bn in media capacity nationwide. OOH media is expected to continue to grow substantially on the back of mass transit line expansion both domestically and internationally, new office
confidence and business sentiment. The continual expansion could help offset the slow disbursement of public investment in this quarter. All in all, economic drivers continued to improve particularly
equipment (PP&E) , THB 2,707.03 million (14.66% of total assets) , in investments in associated companies, THB 530.81 million (2.88% of total assets) in grandparent chicken and parent chicken and THB 696.32
assets) in property, plant and equipment (PP&E), THB 2,733.42 million (14.86% of total assets), in investments in associated companies, THB 529.21 million (2.88% of total assets) in grandparent chicken and
equal to THB 19,584.34 million including THB 5,772.63 million (29.48% of total assets) in current assets, THB 9,229.59 million (47.13% of total assets) in property, plant and equipment (PP&E) , THB