marketing activities while increased 9%QoQ from seasonality and 5G launch campaign. Admin and other expenses saw –22%YoY decrease from improving bad debt provision and efficient cost management while declined

Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For the 2nd quarter ended June 30th, 2019 Management Discussion and Analysis of Business Operation for Q2/2019

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strongly, especially on a same-store basis that continues to grow together with cost effective management. Excluding the non-recurring items, total revenue increased 9.0% YoY and net profit increased 7.4

more than 5 years from issue date Not over 7 years from issue date Offering Amount Current outstanding amount equal to/not more than Baht 1,500 million The aggregate amount of all outstanding debentures

more than 5 years from issue date Not over 7 years from issue date Offering Amount Current outstanding amount equal to/not more than Baht 1,500 million The aggregate amount of all outstanding debentures

more than 5 years from issue date Not over 7 years from issue date Offering Amount Current outstanding amount equal to/not more than Baht 1,500 million The aggregate amount of all outstanding debentures

างในการออกพันธบัตร หุนกู หรือตั๋วเงินครั้งกอน 1.3 ใหเปดเผยขอมูลคําอธิบายและการวิเคราะหของฝายจัดการ (Management Discussion and Analysis: MD&A) สําหรับงบการเงินรายไตรมาสลาสุด และผลการดําเนินงาน

, Clause 38, Clause 43(3), and Clause 44 of the Notification of the Capital Market Supervisory Board No. TorThor. 35/2556 Re: Standard Conduct of Business, Management Arrangement, Operating Systems and