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

Discussion and Analysis For the Three-month and Six-month Periods Ended 30 June, 201" Page 1 (Translation) 1. Significant events of the , nd quar ter of 2018 1.1 The Expansion of Electr icity and Stream

THB 51.48 million, respectively. Selling expenses grew by THB 14.87 million or 22.41%, mainly from more staffs and rental in branch expansion. Compared to sales, the first quarter’s selling expenses

project values than the previous quarter. This was partly due to the expansion of government investment expenditures regarding the distribution of transportation agencies. Many IT projects have been

to the Stock Exchange of Thailand, (2) increase in employee and management expenses from new hires supporting business expansion, and (3) increase in professional fees supporting international business

business in Singapore with Baan Ying Group. We saw a good trend in this business and are preparing infrastructure for branch expansion. On Financial strength and cash flow, the Company has paid back full

support business expansion and traveling and other expenses related to the study and development of renewable energy project overseas. However, unrealized loss from exchange rate incurred from an equipment

impairment of power plant under construction of SAAM Solar Power Two Company Limited, (2) increase in employee and management expenses from new hires supporting business expansion, and (3) increase in

commercially launched in September 2019, an increase in financial cost pressured by incremental debt financing to support business expansion which THB 5,357.8m loan facility to the acquisition of Outriggers was

the expansion of Boonterm Kiosks. Expenses and expenses to revenues from main business 2Q17 2Q16 Increase (decrease) Million Baht % Million Baht % Million Baht % Selling expenses 36 2% 20 2% 16 80