Line Application, separate from the call center and tele-sales, to enable customers to contact associate, view products, send details of payment, and set up a delivery schedule. Customers can choose same

sales adjusting upward, which itself earns higher margins than the industrial channel. The company’ s cumulative market shares of throughput 5 Management Discussion and Analysis of Business Operation for

dividend income instead of share of profit from investment in associates after the reclassification of the investments in TTW from investment in associate to long-term investments in financial assets

2.04 -13.23% 2.15 2.27 -4.99% Finance costs (32.49) (34.40) -5.55% (62.48) (66.64) -6.24% Share of profit of investment in associate 0.61 0.81 -23.85% 1.50 1.47 1.63% Tax expense (75.16) (64.61) 16.34

) 430,000 200,000 14,000 14,000 (79,893) +23.3 0 0 0 +7.4 Total 672,207 578,107 +16.3 Investment in associated company The Company has entered into a joint venture agreement with Otani (s) Pte. Ltd to set up

( curtailment) from Japan Electric Power Company. As such, this quarter the company realized share of profit from its associate company THB 91 million, attributed to share of profit from the wind power plant

, including the change status of Nguyen Kim from associate to subsidiary company in June 2019. 9) Tax expense (income) was THB (412) million, decreased by 124.4% from the same period of the last year due to net

of the unit value under Paragraph 1 shall be made on basis of the Unit value in each trading. The term "executive" "parent company" "subsidiary” and "associate" shall have the same definition as

informed accordingly Yours sincerely, (Associate Prof. Dr. Chiraphol Chiyachantana) Authorized person for disclosure of information 100% 100% 100% 100% 100% 100% 50% 100% 100% 100% 100% 100% 100% 100

payable 24,215 7.2% 16,503 5.1% ST loan & CP of LT loans 20,496 6.1% 14,549 4.5% CP of lease liabilities 11,135 3.3% 11,225 3.4% Accrued R/S expense 3,361 1.0% 3,361 1.0% CP of spectrum payable 10,903 3.2