Oxide platforms. The acquired businesses is fully integrated downstream in Surfactants used in personal home care and in Propylene Oxides used in insulation and foam materials. These leading downstream

network. Expect mid-single digit growth in FY19 In summary, AIS delivered Bt133,429mn of core service revenue for FY18, a growth of 3.8% YoY. EBITDA increased 4. 7% YoY to stand at Bt73,792mn or a margin

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

and 2017 are 143.90 million THB and 318.86 million THB respectively, resulting in gross margin of 17.66% and 15.39%. Cost of sales can be broken down for turnkey business and for supply and maintenance

and spectrum investment. SG&A expenses declined 14% YoY to Bt18,739mn following softer handset subsidies. Following that, EBITDA improved 14% YoY to Bt52,043mn and the EBITDA margin rose to 44.7

, AIS delivered a 4.1% core service revenue growth with 43.7% normalized EBITDA margin and has announced an interim dividend of Bt3. 78/ share, following minimum 70% payout ratio. The guidance for the

consolidated gross profit in 3Q2017 was THB 795.27 million, improved by THB 46.82 million or 6.26% up from 3Q2016. The consolidated gross profit margin contributed of 18.08% in 3Q2017, increased from 16.97% in

of the parent 114.60 130.21 (15.61) (11.99) Gross Profit Margin (%) 26.58 27.86 Net Profit Margin (%) 11.04 12.65 Remark: 1) Net profit margin is calculated from the net profit attributable to equity

11.93 29.77 (17.84) (59.93) Gross Profit Margin (%) 25.43 26.46 Net Profit Margin (%) 5.27 11.72 Remark: 1) Net profit margin is calculated from the net profit attributable to equity holders of the parent

50.28 25.89% Gross profit margin 15.47% 13.76% Other income 5.33 4.73 Selling expenses 3.36 9.99 (6.63) -66.39% Administrative expenses 111.43 108.51 2.92 2.69% Earnings before interest and tax 135.08