term. In addition to achieving revenue growth, the company-wide cost optimization is ongoing and translated into EBITDA expansion of +9% YoY and +2.4% QoQ to stand at Bt18,905mn, a reported margin of

for the imported raw material and goods because of Baht appreciation. Business outlook for Q4/2019 was expected that Thailand economy would be stable compared to the same period of 2018, in line with

raw material and packaging items, as well as improving efficiency from modern production technology ranging from glass bottle, aluminum can to bottling and canning plants which enabled the economies of

that of in 2016 and 2015 of 73.5% and 72.7%, respectively. However, the cost structure is quite similar to that of the previous year with high proportion of raw material cost being accounted for 80% of

increase in product sales volume of 6.36 percent and increase in raw material cost, salary and benefits of the employees and gas expenses but there were decrease in repair maintenance expenses. Cost of

4G and fixed broadband network expansion. • Network OPEX was Bt6,879mn, increasing 38% YoY and 26% QoQ mainly due to the change in accounting treatment on the partnership with TOT since 1Q18. Excluding

was Bt22,843mn, rising 2.1% YoY, following EBITDA expansion while offset by higher network D&A. 3 3Q18 MD&A Advanced Info Service Plc. 3Q18 Financial Summary Revenue In 3Q18, total revenue increased 9.2

bottling factories resulting in better economy of scale due to higher capacity utilization rate, combined with a drop in material and packaging prices. Asia Can Manufacturing Company Limited (“ACM”) which is

related information, the issuer must ensure that there is no such information to mislead investors that the forecast information will represent an actual return the investors receive. - Any material

working capital 6. Benefits that the Company would receive from the capital increase and share allotment 6.1 has a source of capital for business expansion through Direct Investment and additional