company had the stock loss & NRV amounting to THB 28 million due to the decline of CPO price. Operating performance comparison between 3Q2018 vs. 2Q2018 Compared to 2Q2018, the company’s ME Business Unit

2017 Page 4 of 15 2015 2016 2017 Cash Profit Margin 13 (%) 133.95 106.56 119.70 Net Profit Margin 14 (%) 7.16 9.66 10.14 Return on Equity or ROE 15 (%) 13.15 16.26 15.24 Efficiency Ratio Return on Assets

advertising industry reported a decline of 6.0 percent by the last year in the amount of THB 101,445 million in 2017 where mainly cause is a decline of the festivities since 2016 subsequent to the mourning

the street, in office buildings and in shopping malls. These changes have resulted in the significant growth of outdoor and online advertising and the decline of traditional media, as brands and clients

Human Resources will continue in 2019 as we further strengthen the organization, however overall SG&A will decline as Saraburi Quicklime synergies continue to contribute. With the startup of Hua Pha Way

suspended, resulting in a drop in Out-of-Home media audiences. Advertising business revenue contributed 28.1% of total revenue or THB 144mn decreased by 45.0% YoY. The decline was mainly from the

the previous quarter. The main supporting factors were the return-to-expansion of export goods, private investment as well as a continual expansion of government expenditure. Meanwhile, the new wave of

average selling price in this quarter decreased when compared to the previous quarter, following the decline of global crude oil price. The Galoc Oil Field recorded an average production rate of 3,858

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

market growth particularly in mobile. As a result, we revised FY18 guidance to increase 3.5-4.5% YoY. Mobile revenue increased 1.4% YoY mainly from the growth in postpaid segment offset by a decline in