shall prevail. The objective of this MD&A is to present the information and the explanation of financial status and operating results as of the date hereof. However, the information provided in this MD&A
segments while leverage synergies from acquisition. With CSL combined, in 2018, service revenue (excluding IC), is expected to grow in a range of 7-8%, 2% of which is from full consolidation of CSL. Through
the two languages, the Thai version shall prevail. The objective of this MD&A is to present the information and the explanation of financial status and operating results as of the date hereof. However
languages, the Thai version shall prevail. The objective of this MD&A is to present the information and the explanation of financial status and operating results as of the date hereof. However, the
$! $5-7+:/- +!! /-3! 17 9 % leverage -A !5!!B9 C& ! 5 ,/ D! E! 2F+5!7 / !5:!33G +! &9 H,-FFH,7+61 9 %4 -I!: +J 3 !KL&!5I ! -M7- C ,/!I!35A1 ,/5!7 !-N33:4565 I: ,/3 25 +J!8A6 9!3C!93 / !/6 !/!3+!!! 9
coming on-stream in 2018, as discussed in forthcoming sections, are providing im- petus to our business and our ability to generate positive operating cash flows. The Company reduced its leverage ratio