. As a result of business lock down by the government, the Group’s income has been inevitably and significantly impacted, while the costs and expenses remained tightly controlled. This resulted in a half

mainly due to the impact of the Coronavirus 2019 (“COVID-19”) outbreak, the government has strictly controlled the situation by closing the potential risk business including beauty clinic. These

for COVID-19. However, the epidemic of the virus was controlled in time by The Thai government, which has implemented a number of preventive measures to combat the situation, such as closing certain

institution who contributed to the damage or shared the responsibility for the damage incurred to such financial institution whose license was revoked, operation controlled or suspended due to a rehabilitation

12,547 12,416 Gross profit margin (%) 22.84% 25.49% 26.48% Consolidated financial ratios 2018 2017 2016 Financial data and profitability ratios (continuous) Operating expense (include Research and

Research and Development) million baht 8,180 7,378 6,976 Operating expenses (including Research and Development) to sales (%) 16.00% 13.90% 14.17% Operating profit margin (%) 4.48% 8.94% 11.32% Other income

% 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

decrease 30.3% in repair and maintenance cost from effectively cost controlled and efficient maintenance plan. Cost of sales and service decrease 3.9% YoY from Baht 828.9 million to Baht 796.3 million. The

E_1 Legal_FA_2015_12_29-c A WCorpL4.1hig A Executive Summary of Management Discussion and Analysis 1 For the Year Ending December 31, 2018 In 2018, the overall Thai economy maintained its growth due largely to healthier growth of exports and tourism, especially in the first half of the year. Meanwhile, the government continued to implement measures to promote and strengthen the domestic economy through support of investment and private spending as well as bolstering opportunities for other econo...

, on the date of:   5. Information about the reporting person name CAPITAL RESEARCH AND MANAGEMENT COMPANY   6. Person authorised to contact with the SEC (if any) Mr. H. Rolfe   (     ) to amend or