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

of 2019, the Company had the inventory decreased by 322.7 million Baht to the level of 1,006.4 million Baht at the end of 2019. Besides, being a trading partner with AIS, the number one network

for one month. The Company expects that there will be minimal impact of around 1-2% to the full-year performance. This impact has already been factored into our full-year forecast. Having already seen

month while equipment rent was discontinued from 3Q19 and incurred a one-time expense of Bt121mn in the same quarter. New accounting standard effective in FY20: From 1 Jan 2020, AIS will adopt TFRS 9 and

2018, the Company, Pace Project One Co., Ltd. (“PP1”), Pace Project Three Co., Ltd. (“PP3”), and a director entered into buyout agreement on disposal of assets in PP1 and PP3 in total of not exceeding to

new biomass power plants which the Group acquired in the third quarter of 2020, one municipal solid waste power plant in Krabi which started its commercial operation since late December 2020 and one

work processes, including production, service, and safety. To meet these evolving needs, AIS has elevated its level of strategic collaboration with clients and partners to develop specific solutions

%, slightly increasing from the previous quarter. However, substance economic challenges are remained as a result of policy interest rate increment, high household debt level increasing from 86.3% to 90.6% in

appropriate level. However, the allowance for ECL to accounts receivables is at 8.9%, covering both SM Stage 2 and NPL Stage 3. Accounts Receivable Segmentation Credit Card 43%Personal Loan 48% Hire Purchase 9

and responsibilities of high-level management Chapter 2 Availability of competent personnel Chapter 3 Fund management operation system 3.1 Accepting of purchase or redemption orders of investment units