2- and 3-Carrier Aggregation (CA) technology. During the quarter, the competition focused on acquiring/maintaining quality customers in postpaid segment through handset campaigns and pricing strategy

4G network and value-for-money price plans continued to be localized in some key cities. On fixed broadband, competition remained intense in pricing and acquisition whereby the incumbents continued to

operating profit and (2) cash outflows from net change in working capital of Baht 334 million mainly due to higher trade receivables and inventories.  Net cash used in investing activities of Baht 408

overdrafts and short-term loans from financial institutions for the use of the Company’s working capital. Cash Flow (Unit: Baht Million) 6M/2017 6M/2016 % Change Profit (loss) from operating activities before

608.15 4.22% 589.08 4.36% (19.07) (3.14%) Administrative expenses 355.98 2.47% 359.98 2.66% 4.00 1.12% Profit from operating activities 271.85 1.89% 238.33 1.76% (33.52) (12.33%) Finance income 5.90 0.04

the company. Payment : A lump sum payment on the transferring date, June 5, 2019. The proceeds from the sale will be used to improve working capital, increase liquidity and reduce the financial burden

Management Discussion and Analysis For the Annual Operating Results 2018 Ended December 31, 2018 Note: This Management Discussion and Analysis (MD&A) was made to disclose information and the vision

operating results of the third quarter of 2018, ended 30 September 2018 To Director and Manager The Stock Exchange of Thailand The Board of Director’s meeting No. 7/2018 of General Engineering Public Company

1 Ref: AC.004/2018 26 February 2018 Subject: Management discussion and analysis of financial position and operating results To: President and Manager The Stock Exchange of Thailand Overall operating

of previous year. The total revenue of each operating segments for the six-month period ended 30 June 2019 of the Company and its subsidiaries had changed from the previous period of last year as