faded tourists and decline in new subscriber acquisition as a large number of telecom shops residing in shopping malls were mandated to close. While more people are working from home mostly started in the
profits by 12.5% as a result of higher efficiency gains from effective cost controls, despite a decrease in total revenue by 3.4% primarily due to the decline in revenue from sales, consistent with the
causing the gross profit to slightly decrease by Baht 1 million. • IRPC Clean Power (IRPC-CP): The revenue in Q1/2018 was Baht 1,472 million, increased by Baht 523 million or 55% due to the COD of both
increased significantly from China’s exports. The Mogas/Dubai crack spread (UNL95/DB) decreased by 0.63 $/BBL compared to the 12.15 $/BBL averaged in Q2/ 2018, a result of decrease in demand from the Northern
1 MD&A 2Q 2017 (Ended 30 June 2017) MASTER AD PLC MANAGEMENT DISCUSSION & ANALYSIS 2Q 2017 1 AUG 2017 MEDIA INDUSTRY AND BUSINESS IMPACT ANALYSIS Advertising spending reported a decline of 1.4% QoQ
, there are risks from the slow recovery of some business sectors, including the export sector that continued to decline due to the economic slowdown in Thailand's major trading partners. This may affect
and 0.5% QoQ. Marketing expenses remained at 5.5% of total revenue, same level both YoY and QoQ. Underpinned by localized promotional campaigns, the decline in prepaid subscriber has slowed down, while
would increase and service revenue would decrease. Also, device subsidy recognized as marketing expense will be capitalized as contract assets and amortized against the service revenue over the customer
arrivals for the first quarter of 2019 declined 1.5% yoy with the number of Chinese tourists which contribute almost 29% of total tourist arrivals exhibited a decline of 2.1%. Although the economy is showing