, driven mainly by exports sector, private consumption, government spending and investment. In the fourth quarter, Thai economic growth is expected to be driven by government initiatives such as Low-income

(76.74) (22.30) SHARE OF PROFIT (LOSS) OF INVESTMENT IN JOINT VENTURES (11.51) 5.35 INCOME (LOSS) BEFORE TAX (40.66) 1,005.88 INCOME TAX EXPENSE (1.10) (100.60) NET PROFIT (LOSS) FOR THE YEARS (41.76

revenue from food business of Baht 6,552 million, mainly due to sluggish economic which affect consumer’s spending and closing of non- performing restaurant branches. Cost of sales Total cost of sales of

OF PROFIT (LOSS) OF INVESTMENT IN JOINT VENTURES (2.79) (2.58) (7.19) 10.28 INCOME (LOSS) BEFORE TAX (99.85) 234.41 (3.47) 536.37 INCOME TAX INCOME (EXPENSE) 0.35 (23.66) 0.74 (13.01) NET PROFIT (LOSS

) (3.62) (57.77) (3.65) SHARE OF PROFIT (LOSS) OF INVESTMENT IN JOINT VENTURES (0.66) (2.11) (7.84) 8.17 INCOME (LOSS) BEFORE TAX (62.94) 120.57 (66.41) 656.94 INCOME TAX INCOME (EXPENSE) 0.29 (7.05) 1.03

handset sale. However, overall consumer spending remained weak and AIS continued to exercise cost measures to minimize effect from slowdown in revenue. Mobile competition slightly improved Amidst weak

network and service. This resulted in overall network OPEX ( excluding cost of TOT partnership) to stay flat YoY or remained at 8% of core service revenue. The focus on effective spending amidst intense

1.92 (12.11) 5.89 (87.74) 7.81 (99.85) INCOME TAX INCOME (EXPENSE) 0.61 (0.60) - 0.95 0.61 0.35 NET PROFIT (LOSS) FOR THE PERIODS 2.53 (12.71) 5.89 (86.79) 8.42 (99.50) Unit : Million Baht CONSOLIDATED

at HomePro, Mega Home and HomePro in Malaysia. Moreover, the Company organized various marketing activities throughout the period with the aim of stimulating consumer spending. Activities included the

25% yoy, respectively. The substantial increase in 9M’18 was mainly from the accounting expense stemming from the revised down of social security income of 4Q’17 for amount of THB 10.7 million. Without