% margin, largely from controlled handset subsidy, improve revenue momentum, and cost efficiency. Service revenue (excluding IC) increased 4.9% YoY supported by both mobile and fixed broadband segments

contract term, profitability of the contract remains the same. By the Standard, key changes compared to prior to 2019, are as follows: a) Device subsidy previously recognized as handset loss will be

, AIS fully expensed handset subsidy as either handset loss or marketing expense. With the effect of TFRS 15, key financial changes, compared to prior to 2019, will be as follows: a) Device subsidy

same period of last year, which was mainly due to the increase in subsidy income from suppliers. 2. Gross profit was Baht 706.79 million equivalent to a gross profit margin of 15.4% decreasing from the

selling price may have adjusted upward to coincide with market price. Moreover, there was an allowance for impairment losses according to accounting standard in the amount of THB 1,528 million in the

enhance more value to the customers resulted in a continuous growth in ARPU. The focus on quality also extended to subsidy optimization, leading to an improved sales margin of almost 5% for 1Q24. AIS

first-car subsidy. However, household debt, which rose by 5.7 percent from the end of 2017 to Baht 12.3 trillion as of the second quarter of 2018, together with declining prices for agricultural products

/ litre during December 2018 to September 2019. Furthermore, the government announced B10 to be another optional fuel in May 2019 which was subsidy to be less than B7 by 1 Baht/ litre to stimulate methyl

million x 3,540 days Enclosure Page 8 5,479 Days = Baht 951.06 million (2) Deducted by the benefits which the licensee had gained during the business operations as follows: (2.1) Subsidy for rental expenses

Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For Quarter 1/2020 11 - Refinery & Trading 16 - Marketing 19 - Power Plant 21 - Bio-based Products 23 - Natural Resources CONTENTS Executive Summary and Management Guidelines to Mitigate the Effects of the COVID-19 Outbreak 03 Statement of Income 09 Business Performance 11 Statement of Financial Position 24 Cash of Statement 26 Financial Ratios 27 Environment Management Accounting 29 3 Management Discussion and Anal...