taking into the account fluctuations of price or cost directly related to events occurring after the end of the period and movements of inventories and the prevailing economic condition. The management

Million from loss on change in fair value less cost to sale of biological assets, resulted from decreased fair price of fattening pigs from the end of Q2/2019 to Q3/2019. Financial Cost Financial cost in

%, compared to +1.2% in 4Q20 due to decline in high margin devices sale from seasonality. Cost & Expense Cost of service for 1Q21 was Bt21,126mn, increasing 3.9%YoY and 3.4%QoQ from network OPEX following 5G/4G

May 2019. The Company still has fixed cost for the period of shutdown while doesn’t have sale revenue including cost per ton still high for production period which resulted from depreciation and the

sales of existing outlets, despite economic stagnant Cost of Sales Total cost of sales and services of the Company was Baht 8,816 million, increased by Baht 706 million or 8.7% from last year which was

) Changes % Revenues : Revenues from sales and services 1,530.27 987.27 543.00 55.00 Gain on purchase price lower than fair value - 130.98 -130.98 N/A Gain from disposal of investment 543.01 - 543.01 100.00

% in 4Q17. Cost & Expense In 1Q18, cost of service was Bt17,281mn increasing 6.3% YoY and 1.5% QoQ mainly from the change in accounting treatment on the partnership with TOT. • Regulatory fee was

less sale of high- tier handsets. SIM and device margin was -3% compared to -2.7% in 2Q17 and -1.1% in 1Q18. Cost & Expense In 2Q18, cost of service was Bt19,202mn increasing 16% YoY and 11% QoQ mainly

Cost of Sales and Expenses Major costs of the Company compose of cost of sales, selling expense, administrative expense and interest expense. In the year 2016 and 2017, the Company shows its cost of

% 1,281 1,448 13% Cost of real estate sales 0 466 191 100% (59%) 0 1,566 100% Total cost of operations 3,819 4,539 4,570 20% 1% 14,518 17,579 21% Selling, general and admin expense 1,694 1,598 1,875 11% 17